Millennials, baby boomers seek similar housing options

When it comes to choosing a residence, millennials and baby boomers have a lot in common, according to The Beach Company.

Increasingly, both groups seek luxury multifamily apartment rentals well located within cities as their first choice for housing. Both millennials and boomers are looking for housing options that cater to their lifestyle.

The Beach Company reports that residents of all ages are actively seeking out community events to get to know their neighbors.

"Several of our communities employ CAREs Teams, comprised of individuals who live onsite and partner with the management team to foster a sense of community by personally welcoming new residents and planning monthly social events," according to news statement from the real estate firm. "Aside from community amenities, Baby Boomers and Millennials both prefer high end finishes and appliances within their apartment homes."

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