Given the choice to live in a high density wood framed building where the builder defended it from fire, making it safer for his workers and eventual occupants and Millennials will choose that building every time.
As the largest generation in U.S. history, millennials represent a significant opportunity for multifamily housing. This generation of nearly 80 million people grew up with technology and expect to have access to the latest connected tech features via smartphone or voice command.
A recent survey of 1,000 U.S. multifamily renters conducted by lock manufacturer Schlage and Wakefield Research shows that millennials are overwhelmingly willing to pay more for an apartment equipped with automated or connected devices. The survey indicated that millennials are even willing to sacrifice other amenities, such as a parking space, to live in a smart apartment.
The next generation of smart devices, such as energy-efficient lighting controls and intelligent thermostats that learn to adjust to the occupant’s daily routine, gives tenants the ultimate control over their own environment. Also, these amenities can generate substantial efficiencies in energy use that can help earn LEED certification and control operating costs while appealing to environmentally conscious customers.
Soon Millennials will know how much carbon their builder defended from fire with M-Fire. They can see that the building they live in is not only safer, it’s a carbon bank.
M-Fire Suppression Inc. is a fire technology company redefining risk management for the construction industry in all wood framed buildings and wild fire defense with clean fire inhibitors.