Rental & Property I ndustry Highlight
MANAGEMENT by Brandy Henderson
As our homes became the absolute epicentre of daily life, seismic shifts have occurred with respect to what people value when choosing where they want to live, evaluating options that may have never been possible or realistic prior to the pandemic.
the vanguard
What renters want has changed substantially. In multiple data segments reviewed by Local Logic, there have been considerable decreases in the need for public transit access – a reported decline of 24% in the fourth quarter of 2020 compared to the first quarter. Comparatively, the need for access to grocery stores rose by 21% in the same reporting period. These trends, however, might be short term in nature as the economy rebounds, vaccination rates increase and pressures on the healthcare system stabilize.
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