Yes. And?

But what is perverse is that people who can afford not to spend half their income on rent are probably doing so, too:

Arnold Somrah was spending almost half of his income on the Park Slope apartment he shared with a friend. The 24-year-old finally moved back into his parents’ Ozone Park home.

“You can’t go out. Your Friday and Saturday nights are done,” said Somrah, who was paying $750 a month for his basement room. Samrah is now saving to eventually buy in Florida. “It’s too expensive here.”

Nearly 530,000 renters in the city are spending 50 percent or more of their income on housing, a 14.9 percent jump from 1999, according to data released yesterday by Rep. Anthony Weiner.

“Financial advisors say, ‘You should spend no more than a third of your income on rent'” said Weiner. “That’s sounding more and more like a pipe dream.”

The Bronx is feeling the burden the most, with 32.85 percent of its renters paying half their income on rent in 2006. Manhattan (22.32 percent) had the lowest.