The Future of New York City

The article “Looking Backward into the Future of New York” by Ted Steinberg talks about the future of the nations largest city, New York. Steinberg writes in this article about a vast planning scheme thats been in consideration since 2007 called PlaNYC. PlaNYC focuses on both economic and demographic growth. “PlaNYC involves hundreds of initiatives in […]

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 […]