The Times covers a Gen Debt story they've written about many times before-- the unaffordabilty of housing for young arrivals in New York City. This time, it struck me that the examples they used are not particularly well chosen. Ok, so you've got nine students at NYU, a private university, from families who are "fairly comfortable financially," camping out for three months in free office space--donated by one of their fathers. This is a crisis? Sounds more like a lark.
Also, many of the people in the article seemed to have the problem that they weren't looking beyond Manhattan or neighborhoods like Williamsburg. New arrivals have to search beyond the obvious to find bargains.
Much, much more to the point would be to look at the living situations of young people who arrive in the city without family money or connections, just working and trying to make it. The words "Bay Ridge," "Bushwick," and "basement" come to mind.