Research
With larger units and more suburban locations, a larger share of small buildings serve renters with children.
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With larger units and more suburban locations, a larger share of small buildings serve renters with children.
Mention Millennials, and the first thing many tend to picture is a young adult who has ‘failed to launch’.
While the broader market’s attention has been focused on Millennials living in large, high-amenity properties, the data on the age of renters and where they reside hold some surprises.
In this deal tip, Elite Apartment Coaching’s Chris Urso examines the problem of taking property tax at face value when sizing a multifamily deal.
The balance of amenities and affordability are arguably the most important drivers for a renter’s choice of location. As rent growth has outpaced wage growth, the issue of apartment affordability has acquired new urgency.
Our previous look at the demographics driving apartment demand focused primarily on younger renters — let’s now look at the other end of the age spectrum.
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