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Full-Text Articles in Architecture
Housing Affordability In New York City, Krystel Campuzano, Abraham Gonzalez, Wenderlin Gomez
Housing Affordability In New York City, Krystel Campuzano, Abraham Gonzalez, Wenderlin Gomez
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Throughout the centuries major cities had offered new opportunities to people seeking better life, New York City is not exception and continues to attract people from all over the world. Based on NYC population census, New York City has grown by almost half million its population in the last seven years. Because of this, residential real estate has been in great demand. Statistics show that less than 1% of residential units are vacant. However, the disparity in real estate prices continues to be a major social and economic issue for the citizens. Considering that the average median household income is …