{"id":3028,"date":"2019-12-10T00:27:03","date_gmt":"2019-12-10T00:27:03","guid":{"rendered":"http:\/\/www.swetconstructiongroup.com\/blog\/?p=3028"},"modified":"2019-12-10T00:27:03","modified_gmt":"2019-12-10T00:27:03","slug":"multifamily-housing-construction-what-are-todays-renter-looking-for","status":"publish","type":"post","link":"https:\/\/swetconstructiongroup.com\/blog\/multifamily-housing-construction-what-are-todays-renter-looking-for\/","title":{"rendered":"Multifamily Housing Construction; What Are Today’s Renter Looking For?"},"content":{"rendered":"

The demand for apartment and multifamily housing is expected to continue strong in 2020. Most new residents are looking for the convenience and ease of renting, they don\u2019t want the responsibility of owning a home.\u00a0<\/span><\/p>\n

Studies have shown today\u2019s newly formed households want innovation. Most developers and owners of multifamily housing are radically updating their buildings to accommodate their renters.\u00a0<\/span><\/p>\n

\"\"In fact, a recent Forbes<\/a> article reveals the new faces of demand,\u00a0 <\/span>\u201cA new trend has emerged, in which higher-income householders are more often than in the past choosing to rent when they could easily buy a home. The number of renters earning at least $75,000 (adjusting for inflation) rose by 311,00\u00a0households in 2017-2018 alone. This has supported demand for luxury apartments.\u201d<\/p>\n

Casey Cummings, CEO of Ram Real Estate, confirmed, \u201cDemand has been strong, particularly for the best units in our most upscale communities. The higher income residents tend to be more discerning, and are more focused on quality than price. Our biggest and best units lease quickly.\u201d<\/p>\n

The article goes on to say, the amenities in upscale apartments have exceeded just a pool and gym.<\/p>\n

High end tenants are looking for\u00a0 amenities that fit their lifestyle. Including package rooms, where they can pick up deliveries. Retail venders in the lobby, services related to wellness, even garden areas where they grow fresh vegetables.<\/p>\n

What Else Are Today\u2019s Renter Looking For?<\/strong><\/p>\n

\u201cThe latest weapon in the amenity war is co-working spaces, which include communal working spaces as well as conference rooms. Think of them as a 21st century version of the business center. \u201cMore and more people are working from home, and they want a place to work that is outside of their actual living space,\u201d said West. These working areas are typically positioned near the lobby of the building, but far enough away from noisy common areas that people can make telephone calls or think without distraction.\u201d Forbes\u00a0<\/span><\/p>\n

Ensuring your multifamily housing looks attractive and is keeping up with all the latest trends, you need a construction group you can count on. \u00a0As a leader in the industry, SWET Construction has the experience and know how to keep you a step above the competition.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The demand for apartment and multifamily housing is expected to continue strong in 2020. Most new residents are looking for the convenience and ease of renting, they don\u2019t want the responsibility of owning a home.\u00a0 Studies have shown today\u2019s newly formed households want innovation. Most developers and owners of multifamily housing are radically updating their… Continue reading Multifamily Housing Construction; What Are Today’s Renter Looking For?<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[195],"tags":[69,86,30,73,24,26,75,20,18],"_links":{"self":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3028"}],"collection":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/comments?post=3028"}],"version-history":[{"count":8,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3028\/revisions"}],"predecessor-version":[{"id":3037,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/posts\/3028\/revisions\/3037"}],"wp:attachment":[{"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/media?parent=3028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/categories?post=3028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swetconstructiongroup.com\/blog\/wp-json\/wp\/v2\/tags?post=3028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}