While we are all trying to figure out what the housing market shakedown means for multifamily rentals there is some interesting consumer research out there that links social networking and online communities with real estate trends. It is proven that people want to be a part of a community but some argue that communities created by technology have actually alienated many of us in some ways.
Have a look at what a leading consumer research firm, Gfk Roper has observed about American values these days. The study is called "Modern Communities" and the link takes you to a Denver Post Article from earlier this year. Given the population growth this country is expecting over the next 20 years this study might lead you to some interesting conclusions about how the landscape will change.
The jury is still out on how the concept of New Urbanism will be embraced by municipalities in the near future, but we intend to follow it closely in the pages of Developer and at our upcoming Developer Conference in Washington, DC on September 11-12.
Judging from the turnout at last year's event, and the early success of the publication, we are betting that smart growth is going to be a force to be reckoned with in the coming months. The end-user certainly seems to be on board with the concept and we expect to see the convergence of production builders, leading multifamily players and retail developers try to figure out a successful go forward strategy.
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