Blog Post

Apartment Developers Increasing Unit Sizes For New Projects

Written byextwpusr

12/05/2022

Apartment Developers Increasing Unit Sizes For New Projects

America’s gig economy has been growing exponentially in recent years. In addition to traditional gig workers like artists and entertainers, there has been a proliferation of eGigs enabled by tools provided by tech companies. In the past 12 months, this trend accelerated significantly by the pandemic.  

Renters are increasingly working from home, not only doing their main salary jobs but also vlogging and blogging on the side, hustling to get a secondary [in some cases primary] income through converting their rooms into “mini recording studios”. 

This trend has increasingly sparked demand for larger rental units with a den/nook / or if possible an extra small room for tenants to convert to a small workspace that they can call their own.

Related Insights

Blog Post

Improving retention is key for any business. Learn the most effective ways of reducing resident turnover and retaining residents in 2023.

Blog Post

Get zero-point insights & predictions from Extenteam leaders to understand the future of the industry.

Ebooks

Reach a complete guide to learn why real team members are key for property managers to expand their business.

Case Studies

Read our case study explaining Extenteam strategies that helped a multifamily operator save costs up to 50%.

Ebooks

Get a comprehensive guide to learn the top 10 essentials of building and managing successful remote teams.

Case Studies

Explore how Extenteam helped a double-sizing vacation rental partner to overcome challenges with its remote staffing solutions.