Depth study two Flashcards
Define affordable housing
The New York City Housing Authority defines affordable housing as housing that costs roughly one-third or less of a household’s income and is regulated so that the rent cannot increase drastically over time.
Scope of housing challenge
As the population of New York City continues to grow, so does the demand for housing, making it increasingly unaffordable, particularly for more vulnerable residents.
Including the elderly, extremely low- to moderate-income households, some immigrants, and 17% in poverty.
Causes of housing challenge
Many factors cause this challenge, including income inequality and a mismatch in supply and demand.
Mismatch between the available housing and their affordability.
Gentrification in NYC
Causes of housing challenge - income inequality
Gentrification in New York City occurs when housing in older neighbourhoods, such as working-class neighbourhoods in East New York, is renovated by wealthier and mostly middle-income people.
Result of gentrification in NYC
Causes of housing challenge - income inequality
This results in increased property values and rental prices as landlords find new residents willing to pay more, which prices low-income people out of the area.
Super-gentrified and exclusionary neighbourhoods in NYC
Causes of housing challenge - income inequality
In 2016, The Urban Displacement Project found that there were 314 super-gentrified or exclusive neighbourhoods in the metropolitan region, creating a ring of very high-income communities around NYC.
HVS low-income renters
Causes of housing challenge - mismatch in supply and demand
The New York City Housing and Vacancy Survey (HVS) found that low-income renters struggle to find affordable apartments, with many spending over half of their income on rent.
HVS report on vacancy rate
Causes of housing challenge - mismatch in supply and demand
4.5% for all housing accommodations, skewed by high vacancy rates in expensive units. Units less than $1,500 a month (the median rent) below 1%, less than $900, 0.86%. Units over $2,300, 12.6%.
Impacts of housing challenge
There are significant social and economic impacts of the housing challenge in New York City, including rent-burdened households and homelessness.
Rent-burdened in 2021
Impacts of housing challenge
More than half of renters in the city were classified as rent-burdened, meaning they spent over 30% of their income towards rent, with one-third severely rent-burdened, spending more than half of their income.
What do rent-burdened and low-income residents do?
Impacts of housing challenge
Compromise on housing quality and location or overextend themselves to manage. Some residents are forced to live in areas with less access to services and infrastructure or leave the city completely, while others moving into the area are deterred.
Homelessness levels and economic impact
Impacts of housing challenge
Given this increasing burden of finding housing and paying rent, homelessness in New York City has reached the highest levels since the Great Depression, prompting the allocation of $2.4 billion to the Department of Homeless Services in 2022.
How many people in shelter system
Impacts of housing challenge
In August of that year, an average of 55,000 people were sleeping in the city’s main public shelter system each night, with thousands more in other shelter systems or public spaces.
Define transportation
Transportation is defined as the movement of people and goods from one place to another and the various means by which such movement is accomplished.
Transportation offered in NYC
New York City offers various modes of transportation, including rapid transit systems (rail), buses, taxis, private and for-hire vehicles, rideshare apps, ferries, and bicycles.
Scope of transportation challenge
The city’s transportation system is complex and extensive, covering the five boroughs, the tri-state area, and beyond. Each day, over 1 million people commute into the city, with approximately half of households relying on public transportation.
Causes of transportation challenge
A major cause of the transportation challenge is ageing infrastructure, which affects multiple forms of transportation and growth of housing on the periphery of the city.
NYC subway
Causes of transportation challenge - ageing infrastructure
Delivered 1.3 billion rides in 2021 compared to 150,000 the year it opened. Some sections over 100 years old, majority built before 1930, the system wasn’t designed to transport this many people.
Operational since 1904, has over 400 stations located throughout the boroughs (except Staten Island).
Disrupted service and delays on affected lines of NYC subway
Causes of transportation challenge - ageing infrastructure
Throughout most of its history, it has operated continuously, meaning there is no time for routine cleaning and maintenance.