Millennials, rather than older tenants, could be the long-term key to landlords' prosperity, as they are more inclined to view buildings which permit short-term rentals as a bonus, according to a survey by Kingsley Associates and Kingsley Associates . It found a little over almost one-third of respondents aged 65 years or older were favourable to Airbnb-style rentals. In contrast, one-fifth of baby boomers aged between 25 and 34 said the idea would put them off.
Millennials, rather than older tenants, could be the long-term key to landlords' prosperity, as they are more inclined to view buildings which permit short-term rentals as a bonus, according to a survey by National Multifamily Housing Council and Kingsley Associates. It found a little over one-fifth of respondents aged between 25 and 34 were favourable to Airbnb-style rentals. In contrast, almost one-third of baby boomers aged 65 years or older said the idea would put them off.