The concept behind Nickson Living is so genius, you will wonder why you didn’t think of the idea first.

We know that more and more consumers are embracing rentals — homes, apartments, clothes, rides. Millennials are leading the pack as the generation that orders everything online and wants to actually own as little as possible. They are nomadic, they are mobile, and they are more into experiences than “things.” But you do need a few things to live.

That’s where Nickson Living comes in. The Dallas startup has disrupted apartment living with a subscription furniture model. Like a Rent-The-Runway for homes, Nickson gives consumers the ability to completely furnish an apartment online, so you can move where you want to live and have your home instantly furnished the moment you set foot in the door.

Instead of buying a whole bunch of furniture (and then disposing or frantically trying to sell on local selling apps when you move again), you lease everything from towels to a sofa from Nickson Living, all for a flat monthly fee. You never have to lift a finger or move a single box again.

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renterBy Angelina Bader
Apartment List

Apartment List surveyed over 5,000 renters and homeowners about their perception of renter stigma. The survey results indicate that nearly 30 percent of Americans believe that there exists a negative social stigma associated with renting. This belief is prevalent among renters and homeowners alike. 34 percent of renters and 28 percent of homeowners agree that America’s renters – all 109,000,000 of them – are stigmatized in today’s society.

Nearly 9 in 10 Americans equate homeownership with personal success and economic security.

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McKinney

Among many amenities, Parkside at Craig Ranch offers food truck parking and a beer garden for its residents (Photos courtesy Parkside at Craig Ranch).

From staff reports

It’s not often that a McKinney multifamily property finds itself in a “best of” list that includes properties in places like Honolulu, New York, Washington D.C., and Seattle.

But that was exactly what happened last week when the Parkside at Craig Ranch in McKinney was one of 10 award-winning projects Multifamily Executive magazine recognized for their unique amenities. The property is under the Lincoln Property Company umbrella.

Of the 10 properties recognized, some included unique pool projects, gallery spaces, maker spaces complete with tools and work tables, coffee and wine bars, and even a half-pipe skate park. (more…)

Photo courtesy Wikimedia Commons

More and more people are choosing to rent, economists are finding, but Apartment List found in a recent study that one particular — and somewhat surprising — segment of the rental market is booming: high-income renters.

The report deems those with six-figure incomes as high-income renters, and a growing number in this income bracket are choosing to rent their homes instead of buying. On a national basis, almost two million (or 48 percent of) high-income households became renters between 2007 and 2017.

“In Dallas specifically, high-income renters grew 91 percent from 2008-2017,” said Apartment List research associate Rob Warnock.

Why? At least in Dallas, it may be the sheer volume of luxury apartments available. (more…)