PETS IN RENTAL HOUSING

PETS IN RENTAL HOUSING

A March 2007 survey of apartment renters by www.Apartments.com found that 84.4% of the renters surveyed owned a pet.  Some major apartment property owners such as Forest City and Lincoln Property Co. are taking note of this and acknowledgeing that pet owners love their pets and, in many cases, have trouble finding apartments that will accept pets.  Some of these apartment owners are adopting the attitude that they want to be pet friendly in order to attract more tenants.  One apartment owner has even gone so far as to have a dog in the lobby of the building to welcome prospective tenants.  Of course they screen the pets for good behavior and charge additional fees for the pets in accordance with the market.

With the rapid growth in the idea that pets are really “part of the family” it will behoove apartment owners to review their “no pets” policies periodically and see if they need to make some modifications to be competitive.

No comments yet.

Leave a Reply