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

[Bill O'Connor]

Doug Henwood <dhenwood at panix.com> writes:


> 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.

Sorry, I thought you had said 40 times the monthly rent per *month*, as
a joke.  

I suppose i could swing a studio.