Half of N.Y.C. Households Can’t Afford to Live Here, Report Finds
“New York City is staring down the worst affordability crisis of the last two decades, according to a new report released on Tuesday. A full half of the city’s households did not have enough money to comfortably hold down an apartment, access sufficient food and basic health care, and get around, the report said. The study is the latest piece of evidence to demonstrate the depth of the crisis, which is reshaping local demographics and culture in real time.”