Villas At La Privada Apartment Residents

In a study made by Census ACS survey, in the Department of Numbers, as related to Villas at La Privada Apartment Residents, the median monthly gross residential rent in the Albuquerque area, which more or less accurately reflects rental rates, is about in the range of $949 in 2014. Compared to the US Median Gross Rent of $934, the Albuquerque gross rent is slightly higher.

In contrast, the Villas at La Privada Apartment Residents average gross rent for its four introduced apartment floor plans estimated at $749 for the minimum and $824 for maximum is significantly lower than the Albuquerque average gross of $949 rate in 2014 and the US median gross rent.

In another study by the National Multi Housing Council and the National Apartment Association in 2013 conducted by Dr. Stephen S. Fuller of George Mason University’s Center for Regional Analysis, known as the Fuller Report, the 35 million apartment residents of the United States contributed to the growth of a trillion dollar economy.

The report quantified for the first time the economic contribution of apartment renter spending activity. The apartments’ economic impact in 2011 was $504.2 billion in terms of direct spending, $1.1 trillion in economic contribution and $25.4 million in total jobs supported.

Dr. Fuller’s findings, as related to Villas at La Privada Apartment Residents, include the conclusion that apartment living ranks will continue to grow, and many will choose apartment homes as it serves 35 million Americans.

The interesting demographics show that about 66% are single individuals, with household incomes ranging from $25,000 to $99,000 with a high percentage belonging to a highly educated class in college, and a high concentration of young people from the ages 18 to 24.

In addition, the observation that there is a steady flow of out-migration from California and New York due to high apartment prices and cost of living, could confirm the perception that some of the Villas at La Privada Apartment Residents who arrived in Albuquerque and stayed at the relatively lower-priced but high quality apartment units of Villas at La Privada Apartment could have come from states where the rental rates are simply just too high.

This also indicates that Villas at La Privada Apartment Residents could come from various professional backgrounds that are relatively well educated, and have more or less regular and stable incomes, especially those from the corporate business sector.

Corporate business based residents look for quality of the apartments as well as the quality of the environment which is a major factor for residents to stay at Villas at La Privada Apartment.

On the basis of a number of studies, the Villas at La Privada Apartment Residents more or less come from the same background as described in the Fuller Report but most likely show discriminating tastes.

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