Which States Have the Lowest Cost of Living for Renters
Is one of your goals this year to finally get your budget under control? You have plenty of company. After all, that’s one of the most popular New Year’s resolutions!
Independence Day & Apartment Living
As the Fourth of July approaches, we reflect on the circumstances that led to the birth of our nation nearly two-and-a-half centuries ago. Though they were visionaries of their time, our forefathers never imagined the world that we live in today. When the Declaration of Independence was signed, the total population of the U.S. was merely 2.5 million (roughly the same population as Houston). Most people lived in wood-frame, single-family houses that they, or their parents, constructed with their bare hands (often with up to eight people sharing a three-room structure). Little did the founders of our country know that we would someday growing into the vast society we are today…
Apartments Serve The Service Industry
To have the lifestyle they want or need, many Americans have to work two or three jobs that pay minimum wage. In fact, 3.3 million people earned minimum wage or lower in 2013. A significant 1.66 million employees between 16 and 24 years old earn minimum wage as do 1.64 million workers who are 25 and older. That represents a huge portion of the population who are seeking affordable, comfortable places to live.
Enter apartment homes. The apartment lifestyle is perfect for minimum wage workers of all types, including foodservice employees, retail workers, day-laborers and countless other Americans. Here are the top benefits of apartments for hard-working restaurant industry staff and others:
For Many, Rental Apartments Continue to be the New American Dream
Even though the housing market is rebounding in many areas of the U.S., owning a home is no longer the typical American dream. Rising housing costs and individuals who cannot