On Demand
Headlines
- Financial 411: Fare Game
- Cortland Street Station: Back on Track
- Bloomberg Finds Education Loophole
- Local Doctors Lobbying for Proton Radiation Treatment Center
- Fare Game: Traveling by Bus This Thanksgiving
- More
- Scientists Seek New Ways To Produce Flu Vaccine
- This Year, No Turkey Feast For Shuttle Astronauts
- For Public, Affordability A Key Issue In Health Bill
- More
- China announces plan to boost energy efficiency
- Man stuck upside-down in Utah cave dies
- Obama to plead US case at global warming summit
- More
News
Percentage of Income Spent on Rent Increases
by Patricia Willens
NEW YORK, NY April 30, 2008 —More New Yorkers are spending half their income on rent. That's according to a report from Democratic Congressman Anthony Weiner.
REPORTER: He used federal census data to show that nearly one in three renters are spending 50 percent or more on housing -- about 15 percent more than in 1999. Speaking on the Brian Lehrer Show this morning, Weiner says the city's housing boom is not benefiting renters.
WEINER: One of the things that's happened is that as buildings are being built they are disproportionally built as condos and co-ops in the last several years. Those values go through the roof.
REPORTER: Staten Island has seen the biggest jump in people carrying this rent burden but the Bronx is where the highest percentage of residents pay at least half of their income on rent.
Vote 2009
WNYC provides analysis of the characters and debates of those running for mayor, comptroller, public advocate, district attorney and City Council. Share your election story or gripe and post your comments on the news blog.
More
Financial 411
WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 weekdays which is available via podcast, with highlights from the day and a preview of what you can expect tomorrow.
More
Main Street NYC
WNYC is following five blocks over the next year to see how the economic downturn is being experienced on the street level.
More
Uncommon Economic Indicators
The Brian Lehrer Show is keeping a close eye on how the economy is affecting the little things in daily life. Share your stories and photos of the downturn.
More