If I can be a Part of it

Living the American dream in the big apple seems far away.

One-fifth of New York city lives below the federal poverty line (more demographics here) and rents are increasing sharply:

Over the past three years, housing rents in New York City have risen faster than inflation, and inflation-adjusted incomes have fallen...

“Despite a record increase in new construction, housing is still very tight for New York City’s renters,” said Vicki Been, an NYU law professor and the director of the Furman Center. “Although it comes as no surprise that New York City is an expensive place to live, the fact that rents have risen 8 percent after adjusting for inflation in just three years, and at a time when incomes were stagnant, is troubling.”

Yesterday we walked along the river in Jersey City. It's still relatively affordable there. That is, it's affordable in the insane NYC area housing market sense.