Report: Nearly Half of New York Renters Are Rent-Burdened

Posted to Applied Web NY on Mon, 04/29/2019 - 18:03

BRENT KRAMER, FISCAL POLICY INSTITUTE
"Families should pay no more than 30 percent of their income for rent according to housing advocates. Many public agencies set their support levels to meet this standard. Unfortunately, we find that across New York State, and in some of its major cities, significant shares of families are paying more than 30 percent of their income in rent."

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