NAA President and CEO Bob Pinnegar reviews trends to watch out for in 2022 in his latest column for the Washington Post.
As the world has changed and adapted to rules and regulations surrounding the COVID-19 pandemic, so too has the rental housing industry, morphing and transitioning throughout the nearly past two years. Rental housing has changed dramatically over this time and will continue to adjust heading into 2022.
In his latest article for the Washington Post, “Apartment trends to watch in 2022,” National Apartment Association President and CEO Bob Pinnegar discusses what to lookout for this year.
The pandemic has forced people outside into open areas, resulting in Pinnegar’s first item of interest: outdoor utilization. Communities have transformed traditional indoor spaces—kitchens and gyms/workout areas—to garner more people outside. Expanding outdoor spaces like poor decks to allow for more residents to gather is also a possibility.
Technology has also been a major factor during the pandemic. Work from home spaces and the need for fast and reliable Wi-Fi have become paramount, so communities will continue to optimize those items for positive resident experiences. Self-leasing and other digital items like self-guided tours and virtual tours have evolved drastically. “Embracing this new technology not only meets residents’ needs and expectations much quicker — it also helps housing providers adapt to the current labor shortage,” says Pinnegar of the “self-lease” environment.
Other factors mentioned by Pinnegar are electric vehicle charging stations and smart technology.