Over 50% of millennials are willing to spend more than 25% of their income on fully-managed rental lodging for a hassle-free life, in accordance to a survey.
Co-living operator Housr has carried out a survey of more than 600 millennials that gives perception into the various life-style of millennials and their preferrred housing preferences, it mentioned in an announcement.
As per findings of the survey, almost 49% of the respondents are willing to spend much less than 25% of their income on managed rental lodging.
Nearly 41% are willing to spend 25-30% whereas 10% respondents are prepared to pay more than 30% as effectively.
For over 60% of the respondents, luxurious, in phrases of lodging, means a fully managed area that features all crucial facilities.
Deepak Anand, Co-Founder & CEO, Housr mentioned, “We are seeing a shift in the best way millennials method housing. They are prioritizing experiences over possession and are willing to put money into luxurious lodging that gives comfort, model, and safety. ”
The survey revealed that 39.48% of millennials go on trip twice a yr, and 25% go yearly.
The survey additionally highlighted that 44.86% of millennials select to keep in 3-4 star properties, 26.26% favor to keep in high-end 5-star properties.
Housr has a portfolio of over 60Â properties which embrace fully furnished rooms in co-living properties together with studio areas and full 1,2, and three BHKs in prime places.
Currently, Housr has a presence in Gurugram, Pune, Hyderabad and Bengaluru.
In co-living, together with scholar housing phase, Stanza Living, Settl, your area, Colive ,Olive and Nestaway are different key gamers.
