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<title>Less Housing for Residents of Average Pay, Report Says - New York Times</title>
<description>&lt;p&gt;Less Housing for Residents of Average Pay, Report Says&lt;br /&gt;By JANNY SCOTT&lt;br /&gt;Published: June 16, 2006&lt;/p&gt;&lt;p&gt;&lt;em&gt;The report, to be released today, for the first time puts hard numbers on a cost squeeze that has intensified with the real estate boom. The researchers found that the number of apartments affordable to households earning about $32,000 a year, or 80 percent of the median household income in the city, has dropped by 205,000 in just three years.&lt;/em&gt;&lt;/p&gt;</description>
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