3 ms·

150k is nothing for NYC

• Spooky23 4y ago
  That represents like a half million tenants. “Nothing” isn’t how I would describe it!
  • spaniard89277 4y ago
    It is nothing. For public housing to make sense it has to be a considerable amount of the supply, and be universally available, not only for low-income people.
    • klyrs 4y ago
      [1]> NYCHA has approximately 13,000 employees serving about 173,946 families and approximately 392,259 authorized residents. Based on the 2010 census, NYCHA's Public Housing represents 8.2% of the city's rental apartments and is home to 4.9% of the city's population. NYCHA residents and Section 8 voucher holders combined occupy 12.4% of the city's rental apartments. 1 out of 20 of the city's residents, 1 in 8 if you count voucher programs. That's far from nothing, but you're right, there's definitely room for improvement if you can cut through the red tape of nimbyism and corruption. [1] https://en.wikipedia.org/wiki/New_York_City_Housing_Authority https://en.wikipedia.org/wiki/New_York_City_Housing_Authorit...
    • trident5000 4y ago
      Its about the 70th percentile, above average. But you're not living an extravagant life.
• trident5000 4y ago
  150k is not a low salary even for NYC. You're not mr money bags with that though.