New York State is planning to pay landlords who rent out single room occupancy units, commonly known as S.R.O.s, in an attempt to fight homelessness by slowing the decades-long decline in the number of small, cheap rental homes.
Housing experts and politicians increasingly seem to be eyeing S.R.O.s. as a solution to a nationwide housing crisis. In New York State and most visibly in New York City housing costs have risen because there have not been enough homes built in recent decades, creating an enormous housing shortage.
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