Thursday, November 1, 2018

Could micro-apartments be the real estate wave of the future?





A number of factors have to be considered in building affordable housing for communities. In this blog, we’ll take a look at micro-apartments and how they can potentially solve the housing crisis in many cities.


There are two considerations here—population increase and the rising demand for living space (which leads to higher prices). People and city planners are finding it more difficult to find affordable places that at the same time provide acceptable standard of living.


While many areas around the country are getting more and more crowded, micro-apartments represent comfort in the midst of space maximization. Architects, interior designers, and furniture makers have developed methods for optimizing a small living space.


With spaces as small as 300 square feet, micro-apartments have it all, from a living room to a nook, to a bathroom, to a kitchen. Sofas have beds installed behind them, tables and chairs are foldable to create spaces when they are not in use, and storage spaces can be found behind stairs, which double as cabinets and book shelves.


There is of course, still the question of personal preference, especially when it comes to comfort. However, if the rent of a micro-apartment can match its size, people could find it easier to warm up to the idea.


What do you think of micro-apartments? Would you live in one? Feel free to share your thoughts in the comments section below.


Currently the Regional Vice President of McCormack Baron Salazar, Martin LaMar has more than 10 years of broad-based experience in the operations and management of affordable housing, which includes an in-depth knowledge of affordable and public housing programs. For more articles like this, visit this page.

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