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Investments glossary

Housing Unit


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Quotes of the day:

I\'m in favor of legalizing drugs. According to my values system, if people want to kill themselves, they have every right to do so. Most of the harm that comes from drugs is because they are illegal.

— Milton Friedman

The term housing unit refers to a single unit within a larger structure that can be used by an individual or household to eat, sleep, and live. The unit can be in any type of residence such as a house, apartment, mobile home or may also be a single unit in a group of rooms. Essentially, a housing unit is deemed to be a separate living quarter where the occupants live and eat separately from other residents of the structure or building. They also have direct access from the building’s exterior or through a common hallway.


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