Seniors Struggle to Afford Apartment Rents | National Apartment Association

Seniors Struggle to Afford Apartment Rents

 

 
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NAAHQ   //   February 9, 2016
NAA
The Industry Insider
Your Weekly Source for Apartment Housing Industry News and Information
 
Yardi
Senior Apartment Rates
 
Seniors Struggle to Afford Apartment Rents
Baby Boomers have been touted as an attractive rental demographic because of their affluence and desire to downsize. However, even seniors are having difficulty affording higher rents; the percentage of rent-burdened seniors has jumped 9 percentage points between 2005 and 2014. We highlight the most affected areas.
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AppFolio
Top Stories
 
Apartment Industry Expanding
Market Trends
Apartment Industry to Continue Expanding
Even though vacancy rates will increase slightly, rent growth will be around 5 percent as the apartment industry experiences its seventh consecutive year of growth. See what factors are contributing to its success and what markets are expected to be the strongest.
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AppFolio
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A Property Manager's Guide To Social Renting
In the Property Manager’s Guide to Social Renting, we walk you through the steps toward building a successful social media strategy.
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HUD Eviction Ruling
Industry Buzz
HUD Issues Proposed Rule on Eviction of Over-Income Residents in Public Housing
After an audit by the Office of the Inspector General, the Department of Housing and Urban Development is requesting public comments to determine the best course of action for public-housing residents whose income is too high to qualify them for low-income housing assistance. The agency, as well as Congress, aims to reach a solution that will prevent abuses of the system.
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Freddie Mac
Sponsored Content
New Small Apartment Loan Options Benefit Borrowers
Improve your bottom line by taking advantage of recent innovations in small multifamily loans.
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Renting vs. Owning
Market Trends
Renting vs. Owning: Which Is the Better Investment?
Owning a home isn’t always the soundest investment, especially because it involves placing a significant amount of money into one type of investment. But homeownership is often associated with better school districts, which may be leading younger families to buy instead of rent.
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Red Wings Revitalize
Industry Buzz
Will the New Red Wings Arena Revitalize This Detroit Neighborhood?
The District Detroit — the neighborhood surrounding the new Red Wings arena — will soon be home to hundreds of thousands of feet of retail and office space, and apartment homes. The development is intended to bridge the downtown and Midtown areas. But similar projects in other Midwestern cities have proven detrimental to older businesses.
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Suburban Town Centers
Market Trends
Why Suburban Town Centers Are Becoming Increasingly Attractive
Renters enjoy the walkability of urban-core developments and their proximity to city activities. But suburban town centers are providing similar experiences and provide easier commutes to the increasing number of employers moving outside of cities.
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NAA 360 Mission
NAA Announcements
 
 
11 To-Dos for the 2016 NAA Student Housing Conference & Exposition
The 2016 NAA Student Housing Conference & Exposition is only one week away. Are you ready to join us Feb. 16-17 in Chicago? Sign up to attend by Friday to save $150 on registration costs, and use our show checklists to prepare for this educational networking opportunity featuring nearly 1,000 industry leaders and more than 100 suppliers.
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Help NAA Reach Out to Every Member of Congress
Learn lobbying tips and best practices at the 2016 NAA Capitol Conference, March 8, 2016, and put those skills into practice the following day during the National Apartment Association’s Lobby Day, March 9. Former U.S. Rep. Joe Scarborough (R-FL), host of MSNBC’s Morning Joe, will also speak at the event. NAA aims to visit all 535 voting congressional offices, so come lend your support.
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Save on Registration for the 2016 NAA Education Conference & Exposition
Did you miss out on the early-bird rate for the 2016 NAA Education Conference & Exposition, June 15-18, in San Francisco? Sign up by April 15 to save up to $275 through the advanced-rate discount to take advantage of more than 50 education sessions, great keynote speeches from game-changing professionals, and more.
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Two New Leadership Experiences in Philadelphia and Atlanta
The NAA Education Institute is partnering with Dale Carnegie Training to offer two two-day seminars — one in Philadelphia (May 4-5) and one in Atlanta (May 11-12) — to help professionals develop personal skills and behaviors. Participants will also create a business plan to improve a process or system, which they will track following the program.
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