Houston apartment developers have long catered to the Millennial renter.
For generations, young adults have flocked to apartments as they left their childhood homes for their first jobs. In recent years, multifamily developers have built ever more luxurious apartments that replicated the fit and finishes of homes that some Millennials grew up in.
owever, as the Baby Boomer generation begins to retire en masse, some in this older demographic is looking for an easier-to-maintain, lock-and-leave lifestyle closer to downtown Houston. Over the years, many empty-nesters have moved into Class A apartments next door to Millennials and working professionals.
Read more at Houston Business Journal.