Renters fled from the most expensive cities in droves after the coronavirus pandemic began in the spring of 2020, in some states remote work continued into the following year and those who were able continued to leave major cities in search of more square footage, private outdoor spaces, less density and greater affordability.
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The Rental Market in Major Cities During Year One of the Global Pandemic
The Livable Team’s Favorite Apartment Industry Tech
“As a technology company that serves the multifamily market, we often run across other unique and innovative firms that also use smart systems to make running an apartment building or community easier. We’d like to highlight a few of these cutting-edge businesses”
Here We Go Again
It may be 2020 but it’s starting to feel like 2018 all over again. A big election is looming and tenant advocates are once again bringing a rent control measure to the California ballot.
Utilities NOT Included — Now More than Ever
At Livable we provide utility management and cost recovery solutions for commercial and residential properties. Although you can't regulate the rates, you can take steps to keep costs at a minimum. In the fall of 2020, over 7 million in California were filing jobless claims since businesses began closing in March, many moved in with loved ones to save money or left the state altogether.
Livable is Committed to Teaching your Team About Ratio Utility Billing
At Livable we provide a Ratio Utility Billing System designed to help reduce your environmental footprint while generating revenue for your property. You may have started a conservation program in your properties, let the Livable team further your savings and teach you new and improved ways to save.
How Livable has Dealt with the Covid-19 Pandemic
Across the board, since 2020 Livable staff have continued to be a productive team while spending valued time with family and even taking time to give back while dealing with lockdowns and restrictions.
Help for the Housing Industry during the Pandemic
In 2020 the push and pull between lockdowns and eased restrictions impacted housing and housing providers. The rental housing industry was hit hard by the economic downturn brought on by shelter-in-place laws.
During the Corona Virus pandemic, there have been several lockdowns resulting in weeks of remaining sheltered in place. From construction to real estate and property management, many of the vendors that property owners rely on have been put at a standstill time and time again. In turn, renters have been anxious to make a move when there is a window of opportunity offered. Are your units ready to be shown?