There are two reasons why
apartment complex owners may want to feature smart devices
in their units: one being that they can potentially cut costs when it comes to utility bills and secondly because the technology may be
in such a
high demand in the future that owners will be able to charge renters more for these luxury amenities.
For example, if we identify
high absorption rates for
high - quality 1 and 2 - bedroom
apartments we need to verify that
such high absorption rates will continue
in the years ahead by examining the expected growth rates
in the number of
high - income singles and young households without children, which represent the most likely segments of the population that will
demand such apartments.