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And there is good news for renters, as the median rent in Fairbanks decreased about 2.3% year over year. ... Zillow lists the price of a typical California home at $668,300, but a median-valued ...
The economic impact of this was significant and Fairbanks faced a housing shortage, which in turn sparked a building boom. It was at this time, in 1952, that the Polaris building was constructed to create apartments in downtown Fairbanks. [2] In 1953, a suite of offices opened in the penthouse of the 11th floor of the Polaris Building.
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Home and apartment rentals were correspondingly squeezed upward by the rising prices and the demand from pipeline workers. Two-room log cabins with no plumbing rented for $500 per month. [189] One two-bedroom home housed 45 pipeline workers who shared beds on a rotating schedule for $40 per week. [190]
Fairbanks is in the Tanana Valley, straddling the Chena River near its confluence with the Tanana River. The Tanana River marks the city's southern border, and the Tanana Flats, a large area of marsh and bog, is south of the river. Fairbanks is the coldest city in the United States with a population of at least 10,000 people. [9]
The couple said, per WOWT, that the guest paid for the rental using the instant booking feature on the Airbnb platform and was late for his scheduled check-in. Lorenzo Di Cola/NurPhoto via Getty.
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