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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 .
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Mid-rise social housing apartments were built to rehouse slum residents after the closure of the landfill in 1995 that once occupied the area. Tondo is the largest of the 16 districts of the City of Manila in terms of population and land area. It is also the second most densely populated district in the city.
The first mass eviction on record in Manila was in 1951 and the largest took place in late 1963 and early 1964 when 90,000 people were displaced. [16]: 43 By 1978, there were estimated to be two million squatters in Manila, occupying 415 different locations. [16]: 77
The building's first tenants in 1967 which occupied the building are minimum wage earners and previously resided in other parts of the area which would later comprise Metro Manila. The monthly rental fee for each tenant was ₱14 during the early years of the building's occupancy and has gradually grown to ₱200 by the 2000s.
It operates with its sister company, Southern Carrier Co. Inc. They have also routes in inter-Metro Manila and routes in Cainta and Taytay in Rizal. R.U. Diaz Trans.- A family-owned Bus line that travels Bicol (Tabaco) to Metro Manila (Pasay, Cubao) and vice versa. R. Volante Line – offers Bicol-bound trips, particularly to Pilar, Sorsogon
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