Blog

Mar
29
New Generation of Renters Part 3: Generation Z

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Generation Z is defined as people born from the mid-1990s to the early 2000s. Generation Z make up 25% of the U.S. population, and have quickly become the largest generation since the Baby Boomers.
What Generation Z is looking for:
  • Technology: They are the first generation to live their entire lives in a world of smart phones, internet connectivity and social media platforms.
  • Mobile Capabilities: Not only does Generation Z rely on the internet for most needs, they also use mobile devices to search for goods and services to a much greater extent than their predecessors.
  • Electronically: Given their highly mobile lifestyle, property management should be prepared to exchange all information with Generation Z electronically as a rule of thumb. This likely includes leasing documents, utility/vendor information, renewal documentation, rent payments, and all property communication.
  • Quick Turn Around: Given their connectivity, Generation Z is used to getting what they want, when they want it. Waiting days for communication from on-site community staff isn’t going to fair well.
Although this generation hasn’t hit the rental market in full force yet, over the next few years you’ll be seeing a lot more of them! Are you ready for Generation Z?
For more articles, visit:
https://www.rainmakermfh.com/blog/renting-generation-z-multifamily
https://www.naahq.org/news-publications/4-things-know-about-generation-z

TCT Property Management Services, LLC

2500 S Power Road #121

Mesa, AZ 85209

T: (480) 632-4222

F: (480) 632-4226

E: info@tctproperties.com


Office Hours: Monday - Thursday 8:30AM-5:00PM, Friday 8:30AM-4:00PM

Se habla EspaƱol

Jennice Doty, Designated Broker


For AFTER BUSINESS HOURS maintenance EMERGENCY, please call 480-632-4225 and the on-call property manager will assist you

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