
The strong appeal of
single-family rentals comes both from renters by choice looking for
convenience and from would-be home buyers who have, for one reason or
another, been shut out of the for-sale market, according to Kelly
Mangold, principal with RCLCO...
Dive Brief:
- While the majority of U.S.
renters live in high-density apartments, more than half of them would
actually prefer to live in a single-family rental home, according to a
new survey, which also found that security features have become a top
priority among renters.
- Fifty-one percent of those
surveyed said their ideal rental unit type is a single-family home and
an additional 21% said they prefer a townhouse or duplex, according to
Bethesda, Maryland–based real estate consultant RCLCO’s 2023 National Renter Consumer Preferences Report, released in March.
- New kitchen appliances, walk-in
closets and oversized kitchen pantries were the most popular unit
features among the survey’s respondents, while the two most popular
building amenities are security-related: a front desk attendant or gated
community and a secure package receiving system.
...more RSK: These amenities keep changing as years and different generations come into play. Cost is still the number 1 factor. More of a wish list than an actual "I will pay more for these amenities"...
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