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New York City is the midst of a housing affordability crisis. Over the last decade, average rents have climbed 15% while the income of renters has increased only 2%. The city’s renaissance since the 1990's has drawn thousands of new residents; today, the population of 8.5 million people is the highest it has ever been. But New Yorkers are finding that the benefits of city living are not without its costs. The demand for housing has outstripped the real estate community’s ability to supply it; as a result, prices have been rising.
The post New York City’s housing crisis appeared first on OUPblog.
If I ever go rouge and you need to get information out of me this is the way to successfully torture me:
Make me brush my daughter's teeth while force feeding me black licorice and drink a root beer, while listening to a ensemble of the Indigo Girls, Neil Young and the cast of Rent while watching CSI whatever. I will tell you everything.
Please make a note of it.
By: Lauren,
on 10/29/2010
Blog:
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[Insert witticism here.]
Book Dominoes FTW! [Urlesque]
This week in unnecessarily large versions of unhealthy foods… [Good]
Esquire thinks we can balance the federal budget in 3 days. Good luck with that one, guys. [Esquire]
Type in your own handwriting! [Pilot via GalleyCat]
If you didn’t already know, being vegan is hard. [Gizmodo]
A new blog of short essays. [BOTA]
Former OUPblogger “Johnny” in his Halloween costume… [Bravo TV]
Are you ready to be Super Duper/Epic on Foursquare??? [Mashable]
IKEA gets into the cookbook biz. [Trendland]
“51% of Americans would live with a ghost as long as rent were free, while 27% would share space with a spectre for a 50% reduction in rent.” [USA Today via The Awl]
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