While apartment life has historically been viewed as an option chosen by younger people, new trends in real estate reveal that older adults are now the fastest-growing segment of renters. A need for affordable housing options, particularly in the wake of the recent economic recession, is a strong motivating factor. But, Baby Boomers (born between 1946 and 1964) aren’t merely seeking a less-expensive alternative to traditional single family homes: they want spaces with services, amenities, and style. With more than 5,000,000 Baby Boomers predicted to rent their next living space by 2020, Arclin is poised to provide the safe, convenient, attractive product designs required by those designing and building the next generation of rental properties.
Rental homes offer Baby Boomers convenience: less yardwork, house cleaning, and maintenance obligations gives renters more freedom, and may be particularly appealing to who are looking to downsize both their belongings and their time commitments.
While the advantages of access to resources for repairs and upkeep of their properties is a significant benefit, these renters are also looking for spaces created with materials that allow for easy day-to-day living. Arclin’s decorative overlays for TFL are ideal: germ-resistant, low maintenance surfaces that promote clean environments. At the same time, TFL provides the rich style options Baby Boomers desire in their homes: warm, light palates such as Candlelight Apple or Hard Rock Maple demonstrate that healthy surfaces don’t need to look sterile.
Another great advantage to apartment living for Baby Boomers is the opportunity to expand their social circles – many rental spaces include recreation areas and options that encourage tenants to forge friendships. This can be particularly desirable to “empty nesters” who may not live in the same area as their children and grandchildren.
Taking advantage of social opportunities can make settings conducive to hosting and entertaining a strong priority for Baby Boomers when they are considering apartment options – something architects and interior designers should keep in mind. Cabinets, furniture, and shelving in a broad range of color and design choices – from Skyline Dusk to Galaxy White and others – can create attractive, inviting, easy-to-clean spaces for renters and their guests. Arclin designs are ideal for the spaces this growing population want, and the design and architecture professionals working to accommodate them.