One of the most disturbing aspects of New York City’s housing environment is the large number of renters who spend the majority of their income on rent. According to the most commonly cited data, over 500,000 of the city’s households devote at least one-half of their gross income to rental payments on their apartments.
While such figures are often quoted by housing advocates, there has been relatively little analysis of the high rent-burden population. For some households, high rent-to-income ratios may be a temporary condition resulting from short term unemployment or other disturbances to income. For others, it may be … Read more…

