Multifamily residential explained

Multifamily residential, also known as multidwelling unit (MDU)) is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex.[1] Units can be next to each other (side-by-side units), or stacked on top of each other (top and bottom units). Common forms include apartment building and condominium, where typically the units are owned individually rather than leased from a single building owner. Many intentional communities incorporate multifamily residences, such as in cohousing projects.[2]

Housing units in multifamily housing have greater per capita value than single family homes.[3] Multifamily housing has beneficial fiscal externalities, as their presence reduces property tax rates in the community.

History

Before the Industrial Revolution, such examples were rare, existing only in historical urban centers. In Ancient Rome, these were called insulae, skyscrapers in Shibam,[4] malice houses in Madrid, and casbah in the Casbah of Algiers.

Examples

rather common in the same countries where microhouses (above) are popular. These small single-room dwellings contain a kitchen, a bathroom, a sleeping area, etc., in one place, usually in a multistorey building.

See also

Notes and References

  1. Web site: Zandi. Karl. How are single-family and multifamily buildings defined?. Data Buffet. Moody's Analytics. 14 August 2017.
  2. News: What is A Multifamily Real Estate Property - Apartment Syndication Companies . 26 February 2022 . BAM Capital . 25 February 2022.
  3. Gallagher . Ryan M. . 2016 . The fiscal externality of multifamily housing and its impact on the property tax: Evidence from cities and schools, 1980–2010 . Regional Science and Urban Economics . 60 . 249–259 . 10.1016/j.regsciurbeco.2016.07.012 . 0166-0462.
  4. News: García. Tere. 2015-08-19. Shibam: Los rascacielos de adobe. es. El País. 2021-09-06. 1134-6582.
  5. Web site: Definition of BROWNSTONE. www.merriam-webster.com. en. 2019-08-02.
  6. Web site: The Old Closes and Streets of Glasgow . Special.lib.gla.ac.uk . 1905-07-19 . 2016-05-16.
  7. Web site: English Heritage Online thesauruswebsite=Thesaurus.english-heritage.org.uk . 2016-05-20 . dead . https://web.archive.org/web/20120526035722/http://thesaurus.english-heritage.org.uk/thesaurus_term.asp?thes_no=1&term_no=91523 . 2012-05-26 .
  8. Web site: Liverpool Court Dwellings . 15 October 2009 . Liverpool Historical Society.
  9. Web site: Defining the Four Plus One | Forgotten Chicago | History, Architecture, and Infrastructure . Forgotten Chicago . 2009-01-27 . 2016-05-20.
  10. Web site: Garlows, the Modern Type of Temporary Home — Twin Cities Bungalow Club. bungalowclub.org. 2019-07-19.
  11. Web site: Definition of garden apartment Dictionary.com. www.dictionary.com. en. 2019-07-26.
  12. Web site: GARDEN FLAT definition in the Cambridge English Dictionary. dictionary.cambridge.org. en-US. 2019-08-02.