Saturday, December 06, 2014

Brooklyn Leads the Way

American mortgage payments now cost 98% of average income in Brooklyn   

Hat tip to Brooklynite Jeff Meyerson.

3 comments:

Anonymous said...

This makes me even happier that we're in a rent-stabilized apartment. This year's rent raise was only 1%.


Jeff

Deb said...

I guess all those fedora-wearing-artisan-cheese-making-vinyl-record-loving hipsters have got to live somewhere!

Anonymous said...

You are welcome to them, Deb. Fortunately, very few of them venture down south to our neighborhood.

Jeff