CBCNY Releases Second Report on Affordable Housing
The Citizens Budget Commission (CBC) just released its second in a four-part series of policy briefs exploring housing affordability versus location affordability in New York City. Entitled “The Rent’s Too Damn High! But the Metrocard Is a Pretty Good Deal,” the report finds that the city’s low transpiration costs and high incomes make New York a far less expensive location compared to other American cities.
Read the complete report here.