[lbo-talk] "Save subprime borrowers, not bloated bankers" by Dean Baker

[ravi]

On 21 Aug, 2007, at 13:46 PM, Doug Henwood wrote:
>
> Yes, but the past 12 years or so have been an extraordinary boom. As
> Andrew Beveridge pointed out on my radio show the other week, NYC
> housing costs are already above the "affordable" level relative to
> incomes;

Was it on your show (about women earning greater than men in NYC, for  
certain age groups) that I heard this statistic (about Ivy League  
women "opting out"): the median income of families living in  
Manhattan is ~ $250,000? Is this true? If so, HOLY CRAP! 50% of  
Manhattanites make 5 times what 50% of the rest of the USers make?!

	--ravi