Strategies for Housing Affordability

Housing affordability is one of the problems that a lot of people have. People weren’t able to live where they want, they were only able to live where they accept vouchers. In the article, “How to Make City Housing More Affordable” by Mark Peters, he wrote, “Vouchers, rent control and requirements for builders to supply…

Unaffordable housing

Just by the name of it, we can only make assumptions on how great affordable housing must be.  However, just how “affordable” is it?   According to the government, housing can be deemed “affordable” as long as a family is spending no more than 30% of their income to live there.  The biggest issue with…

Who can afford a house?

Housing affordability varies from state to state, generally New Yorkers spend 50.6% of median income for housing mortgage. Median Family Income is determined by the middle number of collected income from all the families in the state. The government calculates affordable housing plans using medium family income (MFI). High income families generally would generally be…

Is Housing Affordability actually affordable?

Is Housing Affordability actually Affordable? New York City is plagued by wide spread poverty and economic inequality. The most prevalent form of economic stratification is manifested through public housing. Mayor De Blasio is proposing a housing affordability plan, but evidence shows that its effects will be to the contrary. In east NY between 2004-2014 approximately…

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