From Compact Condo Buildings to Multimedia Rental Apps

By: Jana Pijak - Apr 21, 2017
These Millennial housing innovations range from compact condo buildings to multimedia rental apps that make the process of finding a home easier for users who are tight on time.

When it comes to tradition, Millennials are breaking the patterns of past generations by choosing to focus on their careers before starting families or investing in their own properties. The rise in communal housing and co-living developments has lead to an increasing number of niche real estate apps. These include roommate-finding platforms that follow a dating app-inspired business model, and rental bidding apps that are ideal for those living in urban centers with a competitive housing market.

In terms of architectural innovations, standouts include mobile mini houses with a low environmental footprint, and communal condominiums that offer luxury at a budget-friendly rate.