NAA Industry Insider: Why Millennials Prefer to Rent Than Buy | National Apartment Association

NAA Industry Insider: Why Millennials Prefer to Rent Than Buy


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NAAHQ   //   January 27, 2015
The Industry Insider
Your Weekly Source for Multifamily Industry News and Information
millennials prefer to rent
Lead Story
Why Millennials Prefer to Rent Than Buy
Consumer data collected on 1,300 millennials indicate that the majority prefer to rent instead of buy their residences, even though the latter option may be cheaper in the long run. Factors include personal finances and lifestyle preferences.
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NAA 360 Partner
Top Stories
Deals and Transactions
Blackstone Group Expands Rental Business With New Property Purchase
The private equity corporation is increasing its real estate holdings with the $1.7 billion purchase of 11,000 units across various U.S. properties.
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Student Housing
Sponsored Content
Your School of Thought Awaits at the 2015 NAA Student Housing Conference & Exposition
NAA Conferences maintain an industry-wide reputation for convening the best and brightest speakers in business today, and the 2015 NAA Student Housing Conference & Exposition, February 17-18 at the ARIA Resort in Las Vegas, remains true to form.
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Deals and Transactions
Big-Ticket Sale in Chicago Reflects New Midwestern Attitude Toward Housing
Chicago’s OneEleven luxury apartment community made headlines for commanding the highest price paid per unit in the city for a building of its size. And younger and older generations alike are expected to flock toward the posh establishment.
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2015 EduConf
NAA Open Door 1
Sponsored Content
We’ve Opened The Door to Savings
Unlock huge savings with NAA’s Open Door Program, an exclusive member benefit offering great value on products and services from your favorite rental housing service partners
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Rental Units Fuels Multifamily
Market Trend Insights
Higher Demand for Rental Units Fuels Multifamily Industry
With vacancy and homeownership rates hitting lows last year, demand for rental units is expected to increase. Certain markets are primed for greater progress than others, but the construction of new units could stagnate growth.
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Market Trend Insights
Which Cities Have the Worst Pest Problems?
Bedbugs are no joke, and according to pest-control company Orkin, these cities are the most infested, based on the number of treatments it provided to them in 2014. Where does your city rank?
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rental demand
Market Trend Insights
Growing Demographic Helps Fuel Rental Demand
Job growth and a burgeoning renter demographic will continue to have a positive effect on the demand for rental units, albeit not at the high rates seen in 2014, given that more new units will be built in 2015 and 2016.
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Market Trend Insights
Counting Cranes Equals Construction Development
Rider Levett Bucknall has introduced a new metric for measuring construction development: counting cranes in use in major metro areas. The company brings its international Crane Index to the United States.
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Deals and Transactions
Olympus Property and CrowdStreet Partner on Equity Fund
The multifamily property owner and the crowdfunding investment site will be offering investors the opportunity to claim a stake in an $18.4 million equity fund for a joint venture equity investment.
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NAA 360 Mission
NAA Announcements
Twice the Education, Twice the Fun
Register for both the 2015 NAA Student Housing Conference & Exposition and the 2015 NAA Education Conference & Exposition — both being held in Las Vegas — in February and June, respectively, and save $400.
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Get to Know Your Competitors
The National Apartment Association’s 26th annual NAA Survey of Operating Income and Expenses in Rental Apartment Communities is now available and contains information on nearly 3,700 garden and midrise/high-rise properties.
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Let Your Voice Be Heard on Capitol Hill
Educate yourself on key issues facing the apartment industry and what you can do to bring these topics to the attention of Congress by participating in the 2015 Capitol Conference in Washington, D.C., this March.
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How to Build Sustainable Communities
Going green is more than just a trend — it’s become a way of life. Discover the ins and outs of creating sustainable building projects, including third-party green-certification processes, daily utility monitoring and reclaimed-water irrigation techniques, through our REWIND program.
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