Costs for renters up sharply since 1990

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Since 1990, renters of market-rate apartments in the city saw their housing costs increase 68 percent, according to city Comptroller William Thompson. Rent-stabilized tenants’ costs jumped 53 percent over the same time. City homeowners, however, if they refinanced at least once, saw their overall housing bill declne by 7 percent since 1990. more [Post]