Archive for the 'income inequality' Category

I was born and raised in Brooklyn, but have had no experience living in an apartment. However, part of my family is in the real estate business, so I do have some background knowledge on renters and housing. This report supported what I already knew and included some interesting and shocking infographics/charts. What surprised me […]

Like my title suggests, it seems that ever since the Recession, everything seems to be going up in NYC – home prices, number of state landmarks, volume of sales, rent prices, housing quality, and a bunch of other indicators on the condition of the city. This can be viewed in a positive or negative way, […]

The City Wide Analysis discusses several different topics as it relates to housing in NY. It first discusses how housing construction has finally picked up since the recession and although it has not reached the same 15,000 units per year we have still grown to almost 12,500 units. It also discusses how by the end […]

Class 13: Rising Rent – More to Pay to Live Where You Are While the rising rent is putting more stress on the the economic situations of the renters, there are far more outreaching consequences in this issue than the extra money coming out of people’s pocket every month. There is no doubt that the […]

I grew up out on Long Island and currently still live there. I commute to school everyday and thus have no experience living in an apartment in the city. However, I always did know that it is very expensive even if you find a way to share an apartment with friends. But this report really […]

I was truly startled after reading the significant effects that housing, zoning, and other factors have on increasing income inequality, especially within metropolitan areas. After understanding these underlying drivers of income inequality, I am strongly against the regulatory initiatives that support restrictive zoning. I was sickened by the recent article regarding the “two cities in […]

The issue of de facto segregation comes from the Inclusionary Housing Program, where low-income families are able to live in the city at a slashed price. However, after reading that developers are trying to limit access to the full utility of the building, as well as create separate entrances, I didn’t favor the policy as […]

Just today I overheard my coworkers talking about how Williamsburg was “getting better.” Studies will say that the area’s median income has dramatically increased and large residential buildings were constructed. But at what cost? It has resulted in prices skyrocketing and pushing people out. The portion of low-income apartments does not equal the families who […]

After reading the articles on low income housing and zoning, I couldn’t help but to step back and think about our society as a whole. From a technological standpoint, there is no arguing that our society has progressed and advanced dramatically over the course of time. In fact, it seems the rate of technological advancement […]

Reading the article from CNN, I found it shocking to learn that zoning has caused some buildings to have separate entrances and rental residents are not allowed to use amenities offered by the condo simply because they are not apartment owners. David von Spreckelsen commented about the building, saying that the buildings operate on different […]

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