Thursday, July 10, 2014

Renters Trading Size for Frills Fuel U.S. Apartment Boom via Bloomberg

Katie Graham is living large. Just in a small apartment.

She moved into the new ParkCentral tower in Nashville, Tennessee, for its gym, rooftop deck with heated pool, and the bars and restaurants in the neighborhood below. She didn’t mind the size of the 562-square-foot (52-square-meter) studio.

“I just wanted to be in a good area and wanted good amenities, so I wasn’t looking for something huge,” said Graham, 25, who relocated from her hometown in Jackson, Tennessee, two hours away. “I’m by myself and don’t need all that. The bigger the area, the more furniture you have to buy.”

Read more...Renters Trading Size for Frills Fuel U.S. Apartment Boom - Bloomberg

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