There is no question that our world is changing, and creating a domino effect on any and all industries. And the multifamily industry is no exception. The green tint of sustainability has enveloped the world, and companies and governments are heeding the calls for a better environment in which we work and play.
The multifamily industry has made significant strides to limit the uses of natural resources and offer eco-friendly living experiences, much to the satisfaction of younger renters who may even pay more for green living. The green-focused Gen Y renters and their habits continue to shape the multifamily market, requiring certain efforts be made. Today’s young professionals are far less consuming when it comes to natural resources than previous care-free generations. These are savvy young people looking to make an impact not only in their lives but also on their environment (and doing so while keeping their costs down).
Read more...Green Expectations: Sustainability is a Sought After Amenity for Apartment Communities | Property Management Insider
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