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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 .
Vacation rental bedroom in Liesing, Austria. A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US.
La Maison à Dupont, a corporate apartment building in the Dupont Circle neighborhood of Washington, D.C.. Corporate housing is a term in the relocation industry that implies renting a furnished apartment, condo, or home on a temporary basis to individuals, military personnel, intern groups, or corporations as an alternative to a traditional hotel or an extended hotel stay.
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These figures are lower than a year ago, when rates averaged 7.76% for a 30-year term and 7.03% for a 15-year term. “Increasing for the fifth consecutive week, mortgage rates reached their ...
SRO units are the least expensive form of non-subsidized rental housing, with median rents even in New York City ranging from $450 to $705 per month. [7]: 117 SROs may constitute a form of affordable housing, in some cases for formerly or otherwise homeless individuals. [8] The term is primarily used in Canada and US.
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