Recent trends that suggest Americans are redefining the American Dream to not so much include home ownership certainly bode well for the apartment leasing industry. And while analysts and pundits may suggest the erosion of a U.S. cultural institution is the result of one of the worst economic downfalls in the country, other reasons may be at play.
Ownership of a home, car, boat or what-have-you is binding, and today’s society has become more Free Willy and conducive to an apartment lifestyle, one that can be centered in high density urban areas where dining, transportation and entertainment are non-committal.
The change in ideology is impacting American in its mid-section, which is telling.
Read more...How Apartment Leasing Became Part of the New American Dream | Property Management Insider