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Urban planning scholar Peter Marcuse said in 1983 that rent control was not the reason for some landlords abandoning their NYC properties at the low end of the market – instead, such abandonment stemmed from the inability of low-income renters to pay the maximum rent allowed by law. [38]
[205] [206] This bill restores to local governments the ability to require inclusionary rental housing for low income households, hence in effect setting their rent amount. Yet it allows for state oversight by a review (per a feasibility study) of such municipal requirements if applicable to over 15% of the units of a development project. [ 207 ]
[105] [106] An October 2018 New York Times exposé on Fred and Donald Trump's finances revealed that Fred created 295 income streams for Donald and concludes that the latter "was a millionaire by age 8", receiving $413 million (adjusted for inflation; $483.6 million in 2023 currency) [107] from Fred's business empire over his lifetime ...
In October 2022, the Conservatives under Poilievre voted in favour of the Liberal government's Bill C-30 (which doubled the goods and services tax rebate) but voted against Bill C-31 (which introduced a public dental care program for children under 12 in low income families and a one-time allowance worth $500 for low-income renters), citing ...
The median income for a family was $36,842, well below the state median of $72,036. [171] 33.4% of families had income at or below the federally defined poverty level. Out of the total population, 47.3% of those under the age of 18 and 21.0% of those 65 and older had income at or below the federally defined poverty line. [172]
[15]: 1 [16] In 2023, housing affordability in California reached a 16-year low, with only about 16% of homebuyers able to purchase a median-priced single-family home, as per data from the California Association of Realtors. In San Mateo and Santa Clara counties, buyers would require a minimum income of $504,400 and $451,200, respectively, to ...
A total of 36.5 million filed for unemployment insurance from March 21 to May 9. [19] The Congressional Budget Office estimated that costs for unemployment insurance claims were $49 billion in April 2020, versus $3 billion in April 2019. An estimated $27 billion of the increase was due to the $600/week increase in unemployment benefits due to ...
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