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

Doug Henwood dhenwood at panix.com
Tue Sep 23 13:10:57 PDT 2008


On Sep 23, 2008, at 3:48 PM, Bill O'Connor wrote:


>> In NYC, they want an annual income of 40 times the monthly rent.
>
> *Nobody* has that much money.

Eh? We got an apartment 2 months ago.



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