[lbo-talk] AP: "Millions spend half of income on housing, " Dean Baker quoted

[Doug Henwood]

On Sep 23, 2008, at 3:01 PM, B. wrote:


> I know from experience many apartments will not let you rent unless  
> you can show you make at least 3 or 4 times the rent per month

In NYC, they want an annual income of 40 times the monthly rent.