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Words like "studio" and "bachelor" almost always means that there is no FORMAL bedroom (no enclosed wall, door, window, closet and likely under 550sq.ft.). You would usually use part of the living room area space as your bedroom, normally there's a designated space for your bed.
The market depends on which area.
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"Harvey Belafonte ain't black. He's just a good looking white guy dipped in caramel. " - Archie Bunker
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