Renters Pay More For “Green”

Renters Pay More For “Green”

A new study reveals just how much renters will pay for environmentally friendly features. Consumers are becoming more environmentally conscious, even when it comes to the home they decide to rent.  A new survey from the National Multifamily Housing council has found that not only do renters prefer apartments with sustainable design features, they are also willing to pay more for them. Multifamily builders have been putting more focus on environmental friendliness in new construction for years, but much of that is due to regulation rather than market demand.  Many of the latest building codes require that new apartments include...Read more