A lot of these people living there have been there for decades. You absolutely could not easily afford to move there today making only that much, but that's dif

A lot of these people living there have been there for decades. You absolutely could not easily afford to move there today making only that much, but that's different. We're talking long-term existing residents with locked in rent controlled rates and/or coop owners who bought decades ago when it was still relatively affordable. And yes, all of the "data" in the linked article is complete garbage. Don't take any of it as fact.