Luxury apartment amenities: are they worth the extra cost?

Are luxury apartment amenities worth the higher rent? “They’re great for leasing, but only about 20% of tenants use them 80% of the time,” said Timothy Wright, director of SDSU The Corky McMillin Center for Real Estate, in an interview with ABC 10News San Diego | KGTV Channel 10. He shared how the rise of luxury amenities is driving up rent prices across San Diego, and how these features can attract tenants but often come with significant development and operating costs, urging renters to weigh the true value of what they’re paying for. Check out the full story here: https://lnkd.in/gHyMJ2mB

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