Can we all agree on one thing, renting an apartment or buying a home is in large part about a feeling of status? I would agree that we could debate the idea that it means varying things throughout ones life time even in the context of status.
In other words a first time home buyer or apartment shopper looks at status as if to say we now own our very own home and or we have a place of our own in an apartment. And, a second or third time home buyer would look at neighborhood and location more. Even a first time investor would gets caught in the status game sometimes buying just to say they own something.
I say all that to say this. Apartment shoppers are no different at least in my opinion. They shop for apartment homes in large part for the way it will make them feel.
Stay Fluid…