Why is the rent of youth apartment so high?
The reasons for the high rent of youth apartments include superior location, shortage, high cost of property management, market speculation and policy adjustment. Convenient transportation and complete supporting facilities in the city center lead to high rents; population growth, Lack of supply; maintenance, security and other high costs; speculation pushed up prices; purchase restrictions on loan policy led to increased purchase costs, investors turned to youth apartments.
I. Superior geographical location
Youth Apartment is located in the bustling city center, extending in all directions of the transportation network so that residents convenient travel.
The surrounding commercial facilities are full of beautiful things in eyes, meet the daily shopping needs, rich educational resources, provide a good learning environment for young people.
Perfect medical resources guarantee, lets the resident's health obtain the omni-directional care.
Because of these advantages, rents are naturally relatively high.
Supply in short supply
The accelerated pace of urbanization, the youth population explosion, strong demand for youth apartments, but the market supply is relatively scarce, This contradiction between supply and demand has pushed up rents.
Rising demand for youth apartments, supply has failed to keep up, market supply and demand imbalance, rising rents, young people are facing housing pressure.
The number of young people increases, the demand of youth apartment is strong, but the supply of the market is insufficient, the contradiction between supply and demand is more prominent, the rent is rising.
The process of urbanization is accelerating, the number of young people is increasing, the demand for youth apartments is high, the supply is limited, the contradiction between supply and demand is increasing, and the rent is rising.
High cost of property management
Youth apartment property management costs, covering public area maintenance, security, cleaning, etc., the cost of passing on the rent, the rent will rise.
Public area maintenance costs, security personnel costs, cleaning needs, these expenditures accumulated, youth apartment property management costs remain high.
High property management costs, eventually leading to rising rents, youth apartment tenants face economic pressure.
Maintenance, security, cleaning and other costs continue to accumulate, youth apartment property management costs continue to rise.
Factors of market speculation
Speculators hype youth apartments in pursuit of high profits.
Rents climbed and the youth apartment market fluctuated.
Speculation manipulates the market, causing rents to rise.
V. Impact of Policy Adjustment
Government control policies affect the rent level of youth apartments, purchase restrictions on loans led to the purchase cost rise, investors turned to youth apartments, rents rose.
The purchase cost increases, some investors turn to the youth apartment, pushes up the rent, the purchase restriction loan policy has the remarkable influence to the youth apartment market.
Youth apartment rent affected by government control policies, purchase restrictions and loan restrictions after the implementation of the policy, some investors turned to buy youth apartments, leading to rent increases.