>The median monthly rent for a one-bedroom apartment in Manhattan reached $3,995 in April…a person’s annual gross income should be at least 40 times the monthly rent. To rent a one-bedroom at Manhattan’s current median price, that means an income of $159,800 or more. In Brooklyn, where the median one-bedroom apartment goes for $2,900 a month, anyone with an income of less than $116,000 annually will also struggle to qualify.
>Meanwhile, the median household income in New York City was $67,046 from 2016 to 2020, according to the latest data available.
https://qz.com/2172884/good-luck-finding-a-one-bedroom-in-nyc-if-you-dont-make-155k/amp/
How the hell are the median household income and the median rent so out of alignment? How do people survive in that rat infested shit hole?