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The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
In the 1990s, several of the big SRO hotels were renovated, including the Milwaukee, the Northern Pacific, and the Eastern; however, the fire, safety, and earthquake code upgrades led to big rental increases (for example, the Publix Hotel rental went from $75 per week for a SRO in the early 2000s to $1,350 per month for a micro-studio in 2018).
In Australia, short-term rentals have contributed to the rental crisis occurring in 2022, although STRs diminished during the 2019-2022 COVID-19 pandemic. [ 1 ] Neighborhood community groups have voiced concern that these temporary residents do not have a stake in the community and therefore are less likely to be conscientious about how their ...
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