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Echo-Boomer Renters Have Sense of Entitlement, Panel Says

LOS ANGELES-According to a group of property managers at RealShare Apartments Conference in L.A., apartment complex managers must continue to meet the group’s ‘demanding standards.’

By Morris Newman | Updated on October 21, 2011

LOS ANGELES-Apartment complex managers must meet the demanding standards of so-called “Echo-Boomers,” as the 20-something children of Baby Boomers enter the rental housing market. This was just one of the major takeaways from a panel of property managers Thursday at the RealShare Apartments 2011 conference in Los Angeles. RealShare Apartments was produced by ALM’s Real Estate Media Group, which also publishes GlobeSt.com and Real Estate Forum.

Echo-boomers are “going to have a huge impact on the rental market,” Rick Graf, president of Pinnacle Family of Cos. The RealShare Conference Series is produced by ALM’s Real Estate Media Group, which also publishes Real Estate Forum and GlobeSt.com.

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