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The most common reason for sharing housing is to reduce the cost of housing. In many rental markets, the monthly rent for a two- or three-bedroom apartment is proportionately less per bedroom than the rent for a one-bedroom apartment (in other words, a three-bedroom flat costs more than a one-bedroom, but not three times as much).
A studio apartment, or studio condo [1] also known as a studio flat (), self-contained apartment (), efficiency apartment, bed-sitter (), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
Apartment. Security deposit, monthly rent. No ownership. Those who want flexibility to relocate or are saving for a down payment. Condo. Down payment, closing costs, monthly mortgage payment, HOA ...
[1] In the United States, single room apartments are typically called a studio apartment, or when slightly smaller an efficiency apartment, also known simply as an efficiency. The Australian equivalent to bedsit is called flatette. [2] In New Zealand, the terms bedsit and granny flat are used interchangeably. [citation needed]
2-Flat, 3-Flat, and 4-Flat houses: houses or buildings with 2, 3, or 4 flats, respectively, especially when each of the flats takes up one entire floor of the house. There is a common stairway in the front and often in the back providing access to all the flats. 2-Flats and sometimes 3-flats are common in certain older neighborhoods.
Per SB 608, a 2019 Senate Bill that amended existing laws relating to the termination of residential tenancies and rent increases, the Oregon Office of Economic Analysis calculates and publishes ...
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