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The Calgary Housing Company manages Calgary-owned affordable housing units, which in 2022 consisted of more than over 10,000 units with over 25,000 tenants. This includes near market housing where rents are lower than market rates and subsidized housing such as rent supplements for tenants that rent from private landlords. [11] [145]
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
Fixed Term rental agreements are strict binding contacts that outline the terms of property rental for a set period of time - usually one year. These leases cannot be terminated until the end of the specified rental period, or unless there is a breach of the lease agreement or certain provisions of the Act itself, as laid out in the "Tenant's ...
The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022). The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [ 1 ]
It does exclude, however, any short-term accommodation (hotel, motels, inns), large-scale rental accommodation (rooming or boarding houses, apartments), or condominia. Detached (house, home, or dwelling) means that the building does not share walls with other houses.
Since then, the term ‘condominium’, or ‘condo’ for short, has become a household word in the U.S. [48] Many Americans' first widespread awareness of condominium life came not from its largest cities but from South Florida, where developers had imported the condominium concept from Puerto Rico and used it to sell thousands of inexpensive ...
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