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In Toronto, rooming houses were common in the 1930s, during the Great Depression, because "wealthy homeowners" who had guest houses would rent out empty rooms to be able to keep their homes. After WWII, the city ensured that rooming house spaces were available for returning soldiers. [ 9 ]
Single-room occupancy (SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [1]
Mom of 5 Reveals Steep Rent for N.Y.C. Apartment She Uses for 'Storage' — Despite Having $12K Apartment Across the Hall (Exclusive)
Second, many co-living operators utilize higher density spatial design models to decrease the amount of rent paid by each resident. By operating four or six-bedroom units instead of studios or two-bedroom units, "the rent per square foot of a co-living unit will be much higher than that of a traditional multifamily unit." [15]
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The group also surveyed the Capitol Hill rental market and found that nearby hotels charge a minimum of $2,400 per month and corporate housing costs a minimum of $4,000 per month. In 2002, the Los Angeles Times reported that C Street charged Senators and Congressional representatives $600 per month for rent. [ 7 ]