Why are rich kids able to buy affordable HDFC apartments?

… hair out over this  New York Times  story chronicling the apartment search  of a 26yearold grad student who ended up using her parents cash to land a coveted HDFC coop in Williamsburg For the uninitiated HDFCs short for Housing Development Fund …

By Virginia K. Smith |September 27, 2016 - 8:59AM
How I found my $386K HDFC apartment after a three-year search

… to move back to New York in 2012 we were eager to buy an apartment but werent sure we could afford one on a university salary I had started a new job just … entirely farfetched This newly renovated junior twobedroom HDFC in Hamilton Heights is asking $331000 and has income …

By Craigh Barboza |October 22, 2015 - 8:59AM