What Percentage of Your Income Should Go Towards Paying Apartment Rent?

In the New York City apartment rental market, what is the appropriate rent/income ratioĀ that is required to beĀ paid by individuals seeking shelter?Ā Sadly if you’re a renter and gladly if you’re the building owner, market conditions mandate that many in NYC are paying 50% or more of their income for an apartment… And not for […]