Property Management, Tenant Selection, Real Estate News & Tips

Tag: Millennials

The XYZ on Your Renters: The Generations that Pay Your Rent

By on January 24, 2017 in Education with 2 Comments
The XYZ on Your Renters: The Generations that Pay Your Rent

How well do you know your renters? Here we look at the main demographics that make up the renter generation, including Generation X-ers who lost their homes during the housing crisis, to the Millennials who finally moved out of their parents’s basements, and to the new renters of Generation Z. Generation X Born late sixties […]

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How To Attract Millennial Renters

By on August 3, 2016 in Education with 7 Comments
How To Attract Millennial Renters

While the economy slowly recovers, millennials seem content to enjoy the amenities associated with renter life, rather than buying. Millennials have been coined the renter generation, and while that title may be debatable, the reality is that millennials and Gen-Y make of one of the largest pool of renters. This means that there are some […]

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The Millennial Effect on Rental Housing

By on November 30, 2015 in Education, News with 0 Comments
The Millennial Effect on Rental Housing

A new report from student housing experts ABODO, reveals the preferences and spending power for student renters and the millennial generation.   Millennials are the largest source of new demand for rental housing, making their housing needs an important consideration for property managers and rental property owners. With 78.6 million young Americans aged 19-36 making up the […]

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Millennials and Housing : Why You Need To Care About Gen-Y

By on June 24, 2015 in Education with 1 Comment
Millennials and Housing : Why You Need To Care About Gen-Y

Millennials received a lot of criticism amidst the Great Recession as the generation most likely to move back home with family, with a shiny college degree but no job to help pay off the debt incurred from their education.  But as the economy slowly recovers, so has the outlook for many millennials as they move […]

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Why Millennials Love Renting

By on November 24, 2014 in News with 3 Comments
Why Millennials Love Renting

In an annual report from Rent.com, 41 percent of landlords and property managers noted seeing an increase in millennial renters in the past year.   This observation supports a general trend in the rental market:  millennials are foregoing home ownership for renting.  According to CNN Money, the Census Bureau reported a six percent decline in homeowners […]

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