New York's housing crisis is hitting low-income families the hardest

flickr/Clint McMahon New York’s rising housing costs are hitting the poorest families the hardest, according to a new StreetEasy study. Median rents increased 3.9 percent since 2010 but median wages only rose 1.8 percent, the study notes. But for the city’s poorest 20 percent, median rents rose 4.9 percent while median wages fell 1.1 percent, meaning they are far less likely to be able to afford housing, DNAinfo reported. “As New Yorkers — particularly the lowest earners – are forced t...