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She was still in college when she started applying for the housing lottery. Now, she pays $1,600 for a 1-bedroom apartment in NYC. [Business Insider]

RH (RH) 
Last rh earnings: 3/30 04:05 pm Check Earnings Report
The rent for her one-bedroom apartment in Queens is $1,631 a month. Competition for lottery apartments is stiff: On average, there are 450 applications for each rental unit. Ceronne Mitchell , 26, first learned about the New York City housing lottery through her mother when she was in high school. Even though Mitchell was still young, her mom was already encouraging her to apply for the program. "I kind of fought her on it because I was working a mall sales associate job at the time, and I was like, 'Mom, I need to be working somewhere seriously before I can start applying,'" Mitchell told Business Insider. "And she said, 'No, you need to apply now. By the time you get called, you'll be working somewhere.'" She ended up heeding her mother's advice and started applying while she was in college, in part because the application process was easier than she expected. "It's damn near as easy as swiping on a dating app. It's a no-brainer," Mitchell said. "Once I see that I'm wit Show less Read more
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