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New Yorkers in Need: The Housing Insecurity Crisis

For almost 3 million New Yorkers, housing costs constitute more than 30 percent of household income, with 1 in 5 households experiencing a severe cost burden of more than 50 percent of their income going to pay for housing. This report is the third and final report in the “New Yorkers in Need” series. It examines three categories of housing insecurity: high housing costs; physical inadequacy, including overcrowding and substandard conditions; and housing stress, including evictions and foreclosures, which may result in homelessness.

DiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest

Almost three million New York households are dealing with housing costs that consume more than 30% of their household income, with 1 in 5 households experiencing a severe cost burden of more than 50% of their income going to pay for housing, according to a report by State Comptroller Thomas P. DiNapoli. This is the third report in the State Comptroller’s “New Yorkers in Need” series. Previous reports focused on poverty and food insecurity.

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