Posted on August 24, 2016 by Mireya Navarro in The New York Times The New York Times, By Mireya Navarro Housing is generally considered affordable if a household allots no more than 30 percent of its income to home payments and utilities. By that standard, more than half of renters in New York City are “cost-burdened” and may find it hard to pay for other necessities like food, clothing and medical care.
