Grubb Properties focuses on addressing the US housing shortage by building new communities in some of the most supply-constrained areas, including Los Angeles, New York, the Bay Area, and Washington, DC.
This gives it unique perspective on the attitudes and behaviors of younger renters, who are already making trade-offs to address inflation and rent hikes and are considering further changes, according to a new survey it conducted.
The company polled 1,000 American renters aged 22-35 to gauge their response to the challenging economic environment.
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