Wow. That somewhat hurts your stomach seeing the action in front of your eyes.
Everyone understands how bad unemployment it is but seeing the changes in the country and in your own region really puts the situation into perspective as to why everyones occupancy is down.
Seeing unemployment roll across the county like that is very scary. Plus, yesterday I read that 25% of Gen Y'ers are moving in with parents or friends instead of getting their own apartments. No wonder occupancy and traffic is down!
That is scary!
Yuma, Az has over 21% unemployment. Average rent is $750!
Folks have to have roommates or move in with their parents or other family to be able to afford LIFE! That's not all bad. . .maybe it will help us to realize that life is not about things and stuff!
In the meantime--let's make sure that our communities are family friendly and the right price for the area!!
Ha! Come to Michigan my apartment friends, We sport the highest unemployment in the nation, and have been for the past say few years straight,
Lots and Lots of people are affected, BUT, it happens to be where we started our business, and we shall blast back with a better product, better service and more fun and an Enhanced Resident Experience,