Long-Term Apartment Rentals for Youth—A New Frontier
Current apartment renting market is dominated by professional “head-tenants” and individual home owners. Brand apartment market is small and dispersed, leaving a huge space for future market integration. Home owners possess limited amount of homes from a few to less than 100 sets. They are often confronted with management problems caused by rents, tenancy terms and apartment types. As for professional head-tenants, they may turn a three-bedroom apartment into a dozen small rooms for the co-called group-renting. However, as serious security risks lurk in group-renting, it is banned in many cities.