The amenities offered by an apartment community help drive rental property leasing and bring rental rates up. As consumer tastes have become more sophisticated, the demand for luxury amenities has risen, and it factors heavily into rental decisions.
In alignment with larger generationally driven trends, housing industry professionals are seeing a heightened demand for specific types of amenities. The twist? They’re not always ‘traditional’ luxuries one might think of. Time is finite, making it the ultimate luxury, and in 2019, when can give renters more time, it’s a win. People expect apartment communities to cater to their needs, and more importantly, to make their lives easier, so they have more time to experience life.
To read Chapin’s full article click here.