Originally posted on a12iggymom's Blog:
Albany Bureau Chief
ALBANY — Housing c osts for renters and homeowners in New York soared compared to incomes over a 12year period, a report Monday said.
More than half of renters and a third of homeowners paid more than 30 percent of their 2012 gross income on housing, the report from Comptroller Thomas Di-Napoli found.
The report had a surprising outcome: Rent affordability was most stressed in the New York City suburbs and upstate. “Regardless of where they live, more New Yorkers are feeling pinched by rising housing costs,” DiNapoli said in a statement.
The Hudson Valley in 2012 had four of the five counties in New York with the highest proportions of renters paying above the 30 percent affordability threshold — a federal guideline on what people should spend on housing compared to gross household income.
The Bronx was first because of high poverty, but…
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