The rent is still too high in New York City, even for the rich #realestate #shorts

Even six figures can’t save you from NYC’s rent crisis
On today’s Big Take podcast: If six-figure earners in New York can’t make it there, who can? We unpack the squeezed rental market in America’s largest city.
Listen and subscribe: https://trib.al/QPQwd5Y

The rent is too high…even for high-earning New Yorkers. In the wake of unprecedented rent hikes, residents across America’s largest city are finding that not even a six-figure salary can protect them from the squeeze. On today’s Big Take podcast, host Sarah Holder talks to Bloomberg Real Estate Reporter Paulina Cachero and Fiscal Policy Institute Chief Economist Emily Eisner about New York City’s stressed rental market, the domino effect it has on everyone and the proposals on the table to fix it.
#wealth #rent
#house #housingmarket #nyc

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