This is a very good explanation of why, in reality, New Yorkers are not spending 65% of their income on rent. There are just too many important variable that StreetEasy’s study did not account for.

Brooklyn, NY – Patch took a deeper look at a recent rent study by StreetEasy that made major headlines.
http://patch.com/new-york/brooklyn/65-percent-your-pay-rent-truth-more-complicated-0

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