What does the study “Rental of rooms in Bogotá: how much one room per town costs” show?

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Landing a room in Bogotá costs at the median $900,000 per month (half of the ads are between $700,000 and $1,200,000), compared to $1,900,000 of a studio. The 43.5% of the rooms demand half a minimum wage ($875,452) or less.

What does the study “Rental of rooms in Bogotá: how much one room per town costs” show?

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