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The entire new apartment and condo industry is built around attracting the largest buyer demographic during a 10min walk through. That buyer is a late 20s sing
by potato3732842 1y ago
The entire new apartment and condo industry is built around attracting the largest buyer demographic during a 10min walk through. That buyer is a late 20s single (or otherwise unilaterally decision making) woman. Many millions have been spent on market research to figure out what these women want.
This is why modern apartments have big bathrooms with copious flat space around the sink and good looking living spaces but when you actually live in them you'll find out there's not enough room to scoot around your wife's thicc ass while she's digging for something in the fridge or any attempt to host a party becomes an instant game of human bumper cars due to the traffic paths to the drinks, bathroom, main room. Many times you'll even find that these apartments can only be furnished with minimalist aesthetics while there is technically room for standard furniture and appliance sets they make the spaces unusable. Women don't get exited about the kind of "there's space on this wall for a 80" TV and if we put the beer on the left side of the fridge you can reach it without getting off the couch" and "look at all these kitchen cabinets, I'll never pull out a pan to find that it's dirty from oil/dust" raw practicality type stuff that men do and will happily trade it away to make a more aesthetic space. Men will also much more readily live in older construction and place less value upon "new" or "new-ish" so there's a healthy amount of "what new buyers want vs what used buyers want" discrepancy going on too.
Source: Too much time listening to the guy who sells the cabinets for these new apartments.
- detourdog 1y agoI specifically worked on traffic flow in the bathroom. Notice that it is almost a galley bathroom. The traffic flow is straight line and all the services are against a single wall. I failed on my bathroom sink counter in a couple of areas, but I can't to iterate on design. I wanted to get all the units finished before I start the redesign process. I have gotten good feedback from the users over the past 2 years. I'm about to post the last unit for rent. Once that is done I will start work on the refinements.
- 9dev 1y agoThat sounds… wildly specific to the US. The game is very different in Germany, where practically no one can afford to buy property in their late twenties, or if they can, it’s not economically sustainable to do so. Most new apartments are strictly divided into tiers—singles and students in their early twenties with very little money; couples without children (yet), but lots of disposable income; families with one or two children, and a double income; and elderly couples. If you don’t fall into these demographics, you’re bound for a rough time.
- detourdog 1y agoMy market focus is on individuals that want a consistent monthly housing expense. I included the utilities in the rent which includes fiber optic internet. My thinking is a consistent expense for housing helps people starting out with their budgeting.
- autobodie 1y agoIt won't be consistent because you will be raising the rent every chance you get. Trust me.
- detourdog 1y agoMy first tenant which has been here over 3 years started at a discounted rate and is paying 20% less than my last tenant to move in. I have never raised there rent. The first tenant has not experienced a rent increase. These units are available for at will tenancy(no lease). My plan is to raise the rent on turn over rather than nickel and dime the existing tenants.
- autobodie 1y agoThat's what they all say.
- niemandhier 1y agoA noble attitude, check the tax laws. A friend of mine got in trouble in Munich for collecting to little rent. Authorities assumed some form of tax fraud.
- autobodie 1y ago> You'll find out there's not enough room to scoot around your wife's thicc ass > That sounds… wildly specific to the US.
- wil421 1y agoI think 85% of home sales in the US are single family. So split up 15% between town homes and condos. OP is describing a small part of new properties. I assume you’re talking about condos. What OP is talking about is more of what you describe, students, singles, and new families (with or without kids). There’s a lot of active adult 55+ and no kid neighborhoods. I wonder how they compare to what OP describes, I’ve never been in one.
- analog31 1y agoMy mom's reaction when she was looking for an apartment to rent: "Nobody cooks any more."