Please read this article,and realize the magnitude of the extent - TopicsExpress

Please read this article,and realize the magnitude of the extent of the situation with NYC rentals.Developers and brokers are left loose,free to reap insane profits on rents that are offensively high,profiting from desperate would-be tenants.In order to scam renters into paying more money for less space,they pull no stops.And rent-controlled tenants of course,are the thorn in the developers(and some landlords) hip.But this situation calls for some additional thought.In NYC,we are headed towards full-on,in-your-face segregation on the basis of income and-you guessed-ethnic group.

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