The ROAD ahead for build-to-rent

The passage of the 21st Century ROAD to Housing Act is a significant development for the build-to-rent industry, as it brings much-needed clarity and stability to the sector. For ASID professionals, this means that the BTR industry is likely to experience increased investment and growth, leading to more opportunities for designers and architects to work on these types of projects. The Act's provisions will help to alleviate some of the regulatory burdens that have been holding the industry back, allowing developers to focus on building more rental housing units.

The build-to-rent industry has been growing rapidly in recent years, driven by changing demographics and shifting consumer preferences. With more people opting to rent rather than buy, the demand for high-quality rental housing has increased significantly. The passage of the ROAD Act will help to support this trend, by making it easier for developers to build and operate BTR communities. ASID professionals will need to be aware of the changing needs and expectations of renters, and design spaces that are functional, sustainable, and desirable.

As the BTR industry continues to evolve, ASID professionals will need to stay up-to-date on the latest trends and developments. One key area to watch will be the incorporation of sustainable design principles and smart home technology into BTR communities. With the growing focus on environmental sustainability and energy efficiency, developers will be looking for ways to incorporate these features into their designs. ASID professionals who can deliver on these expectations will be well-positioned to succeed in this growing market, and can expect to see increased demand for their services in the coming months and years.

Originally reported by housingwire.com. ASIDNews adds analysis for real estate & property readers.