Gen-z is entering the apartment market, and the generation has high expectations for rental living. Luxury student housing has grown in popularity in recent years, and gen-Z has had the benefit of staying in quality housing during college. As it enters the apartment market, it will be looking for a similar living experience with amenities and high-end features.
“Multifamily housing runs the gamut with a balance of both older buildings and newer, luxury communities. Meanwhile, luxury accommodations are increasingly seeping into student housing communities, to the point where a large segment of U.S. students are living in units and buildings that are nicer and newer than what they might expect to afford once they leave school,” Nat Kunes, VP of product at AppFolio, tells GlobeSt.com.
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