Despite need for small apartment buildings, construction is lacking; millennials not interested in property management career path; tax bills soaring on Seattle’s old apartment buildings; Buildium named a leader in FrontRunner analysis; And, Millennials not leaving the nest.
The “missing middle”: Small apartment buildings
Although they were once popular, small apartment buildings are lacking in city neighborhoods, and although there’s high demand, no one is building. Bloomberg reports why this may be happening.
Millennials not interested in property management career path
Bisnow reports on the lack of young professionals joining property management and why they may be avoiding the industry.
Tax bills soar on Seattle’s old apartment buildings
Property tax hikes are hitting hard for those who own old apartment buildings. The Seattle Times reports on how the soaring taxes forcing change for landlords and their tenants.
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Buildium named a leader in recent property management software analysis
A recent FrontRunner analysis has identified and assessed the top 25-30 property management softwares based on capabilities and value. Softwareadvice.com shares the results of the analysis, where Buildium has been named a leader.
Not-so-empty-nests: Millennials still living at home
According to a recent ABODO study, millennials are continuing to live at home rather than move out and pay rent. The study takes a look at this trend.