NAA Industry Insider: Are Millennial-Driven Markets in Trouble? | National Apartment Association

NAA Industry Insider: Are Millennial-Driven Markets in Trouble?


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NAAHQ   //   July 28, 2015
The Industry Insider
Your Weekly Source for Multifamily Industry News and Information
Millennial Populations
Lead Story
How Millennial Populations May Affect Hot Markets
Millennials have been a driver for the apartment industry, not just in terms of general occupancy but also in how and where new construction projects are designed. But changes in where this generation is choosing to live may affect the rental-housing supply and demand of certain markets differently.
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Home Depot
Top Stories
Supreme Court Disparate Impact
Legal & Legislative
Supreme Court Rules in Favor of Disparate Impact
Justice Anthony Kennedy’s majority opinion in a recent disparate-impact case may lead to an influx of discrimination claims in the immediate future. But the opinion also puts a greater burden of proof on the plaintiff to prove the impact of an exact policy, with statistics to back the claim.
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2015 Education Conference
Sponsored Content
Why the 'Lipstick on a Pig' Approach Won't Cut It
Has it ever really been enough just to slap a new name or logo on a tired community and call it a day?
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Energy Efficiency
Operations Insights
Energy Efficiency Can Reduce More Than Just Utility Bills
Energy-efficient features can decrease both the consumption of water and electricity, as well as the wear and tear on certain fixtures. Find out best practices for integrating such elements into apartment communities.
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Maximize Conference
Public Housing
Industry Buzz
Will Public-Housing Residents Be Subject to Time Limits on Occupancy?
Congress and the White House are exploring whether to limit the amount of time vouchers can be used consecutively for public housing. Successful programs have helped reduce dependency on this type of housing while also creating more opportunities for those on public-housing waiting lists.
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2015 NAA Income & Expenses Survey
Sponsored Content
Reserve Your Copy of the 2015 NAA Income & Expenses Survey
Achieving success tomorrow requires one to take care of business today—that's why leading communities turn to the 2015 NAA Income & Expense Survey (IES). Results of the 27th annual IES in Rental Apartment Communities will be available soon.
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Minneapolis Bikes
Industry Buzz
Minneapolis Among Top Bike-Friendly Cities in the World
Minneapolis earned high marks among global metro areas for its bike-sharing program and bike-friendly infrastructure. Although it’s the only U.S. city currently in the top 20, others are ramping up efforts to promote biking. See which areas may emerge as cyclist cities in future years.
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Condo Industry
Market Trends
Why the Condo Industry Is Slow to Bounce Back
Although the demand for apartments and single-family homes has begun to move forward since the Great Recession, the condo industry is noticeably lagging. Part of the reason for slow growth is tight lending standards for low- to middle-income buyers.
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Student Housing
Legal & Legislative
Pennsylvania to Examine Student-Housing Regulations
Cities in Pennsylvania are currently allowed to place restrictions on residency based on matriculation status and the number of unrelated tenants. But new legislation may reverse such restrictions and provide a greater opportunity for students seeking off-campus housing.
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Smart Cities
Market Trends
Major Cities Getting Smart as Populations Increase
As more people move to cities, urban governments are getting wise about improvements to infrastructure, communication and transportation systems. See what some major metropolises have in the works to assist their growing populations.
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NAA Announcements
Gain Cost-Saving Insights to Budget Expenses
Attend MAXIMIZE: 2015 Multifamily Asset Management Conference, Oct. 12–14, at the Omni Amelia Island Plantation Resort, in Amelia Island, Fla., to learn about new technologies and best practices for monitoring energy use to help find hidden savings within apartment community expenditures.
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Open Door Provides Access to Cost-Effective Purchasing
The collective buying power of 67,000 National Apartment Association members offers the opportunity to receive superior products at reasonable prices through NAA’s Open Door program. Learn more about this important member benefit.
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Set Up Tours With Congressional Representatives
The House of Representatives begins its recess this week. Have you reached out to your representative to set up a tour of your apartment community? Use NAA’s members-only Congressional Recess Program Toolkit to develop relationships with local representatives and educate them about apartment living.
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Essential Multifamily-Housing Guide Now Available
Learn best practices and standard operating procedures with Multifamily Housing: The Essential Industry Text, a soup-to-nuts guide to develop and expand the knowledge of industry novices and experts alike. The guide is available for $69, plus shipping and handling.
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2015 NAA 360 Partner Sponsors
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