Why would they be less willing to rent? Wouldn’t 85% be better than nothing? If they want to leave the area, good. Maybe a local could buy a home instead of someone “investing” in property. More than 40% of renters in the area are rent burdened. Housing prices have more than doubled in some areas. Less than half of the houses are owner occupied. Part of the problem is that desirable parts of the city are having homes turned into airbnbs, NYC folks buying houses for prices locals can’t compete with, and the not so desirable parts are having rents jacked up. It’s happening all over Ulster County, not just Kingston. The mayor of one of the surrounding towns couldn’t afford rent in their town and has to couch surf. Having a median income of 30k and house price be over 300k is unsustainable.