I've just read in my home town paper that Governor Andy was proposing 100 million for affordable housing.
My question is what is affordable housing? I know that it's recommended that one not pays more then one third of their income for housing. Is New York State going to set aside money so that a family making $100,000 a year pays no more then $3000 a month. Maybe the meaning of affordable is that those apartments that some one making $50,000 a year pays no more then $1,500 a month. Maybe they consider affordable housing for those making under $35,000 were rent is under $1,000.
Supply and demand and a lot of people making great money makes my town's housing almost unaffordable even for those who might be considered making high middle income.
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