As a development and purchasing partner in a wide range of multi-housing projects, we at MEGA constantly find ourselves on a lookout for ways to make our products more desirable to tenants to increase retention rates and satisfaction with quality of living, as well as to lower turnover and increase demand for our builder and real estate partners. As the post-Covid era approaches, we expect a significant shift in renters' priorities that will greatly influence and drive the market. This shift will affect both property owners/developers and their clients, and will be based on new information titrated out of the pandemic-related research of the past several months. The changes will relate to social distancing, preventive strategies and reduction of the potential of infection transmission, and the seemingly inevitable spike in the number of employees working from their living quarters rather than commuting to work like in the good old pre-covid times.
Here we'd like to present you with several analysis points we've been working on identifying in order to prepare the developers and their investors for the inevitable shift in multifamily market dynamics.