Today, only 12% of renters are leaving to buy homes, and that number is expected to continue to decline. Renting has become an economic and lifestyle choice for more than half (57%) of those under the age of 34 and 46% of those under the age of 45. It seems the United States population favors apartment living, and according to the National Apartment Association (NAA), that will be the case for decades to come.
In the future though, apartment living won’t be a sacrifice; instead we imagine self-repairing appliances, alternative energy sources, and adjustable square-footage for city dwellers everywhere. Take a look at what we believe just might be the average standard of living in a city.