Household sizes have been decreasing while increasing mobility (both length of stay and their transportation as a tenant) yet wanting a central location. These factors all combine to make micro-apartments a viable proposition for new development. While smaller units have existed and have the lowest vacancy rates, they’ve been targeted as minimal housing. Demand is changing and apartment developers need to look at the external factors driving this trend, what this
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.