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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 ...
A studio apartment, or studio condo [1] also known as a studio flat (UK), self-contained apartment (Nigeria), efficiency apartment, bed-sitter (Kenya), 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.
Half of all U.S. states have at least one city where a relatively modest residence costs $1 million, according to a new analysis. Get breaking Finance news and the latest business articles from ...
Three of the top 10 hottest zip codes are in the Midwest, where housing prices on average were 24.6% lower than the national median in June. The remaining seven zip codes are in the Northeast ...
There are also 5 Lustron homes in the Kansas City area near 85th and Wornall Road. One of them was the display model and residence of the local sales representative. Local legend says that the salesman came home one day and told his wife that he no longer had a job because the company was bankrupt, but they still had their house.
Since 2016, the city has required 20-30% of new housing developments to be affordable, meaning residents earning an average of 40-80% of the area median income can buy the units.
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