NYC’s Housing Crunch Is the Worst It’s Been in More Than 50 Years

Only 1.4 percent of the city’s rentals were available in 2023, according to new data, the lowest portion since 1968. The market was even tighter for lower-cost apartments. [Source]

Origin: nytimes.com

Category: Real Estate and Housing (Residential)

Topics: apartments, lower-cost, tighter, market, since, portion, lowest, according, available, rentals, city’s, percent, Years, It’s, Worst, Crunch, Housing, NYC’s

Source: https://www.nytimes.com/2024/02/08/nyregion/apartment-vacancy-rate-housing-crisis.html