Study confirms the obvious: NYC rentals are really unaffordable

Many New York City neighborhoods are unaffordable for renters, according to a new study. Real-estate website RentHop compared median two-bedroom asking rents to median household income in about 90 ZIP codes across the five boroughs. Its number-crunching presumes that spending 40 percent or less of your annual income on rent makes a neighborhood affordable, while... 12 July 2018, 08:00

Source: Real Estate | New York Post

Do you like the page?

Would you like to share the page with your friends?

Would you like to write a comment on the page?