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In most federally-funded rental assistance programs, the tenants' monthly rent is set at 30% of their household income. [2] Now increasingly provided in a variety of settings and formats, originally public housing in the U.S. consisted primarily of one or more concentrated blocks of low-rise and/or high-rise apartment buildings.
In 2019, Vacasa acquired Wyndham Vacation Rentals from Wyndham Destinations for $162 million. [13] [24] Vacasa has also partnered with Google to integrate available rental properties into search results for traveling and lodging. [25] It is the first vacation rental management company to do so. [26]
A timeshare can still be made available as a vacation rental should an owner decide to put his owned week(s) on a vacation rental program. Also, a large segment of the 21% of unsold and therefore still resort-controlled inventory is made available as vacation rentals. In 2014, this was a $1.9 billion business. [2]
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In 2016, The Guardian reported that the average SRO rents in San Francisco's Chinatown are increasing from $610 in 2013, to $970 in 2015 (the average rent for all rental housing was $3,907). [40] The increase in SRO rents is due to the shift away from renting to Chinese immigrants towards "college graduates, single adults and white people". [40]
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Gary Chang, an architect in Hong Kong, has designed a large 32-square-metre (344 sq ft) microapartment with sliding walls attached to tracks on the ceiling.By moving the walls around, and using built-in folding furniture and worktops, he can convert the space into 24 different rooms, including a kitchen, library, laundry room, dining room, bar and video-game room.
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