Survey Finds Majority of Millennials Prefer Multifamily Living and View Security as a Top Priority
Allegion U.S., a provider of security products and solutions, revealed the results of a national survey that provides insight into Millennials’ preferences for multifamily living and how they prioritize safety and security. The survey, “Home Safe Home: How Millennial Preferences Are Redefining Multifamily Living,” highlights Millennials’ habits, behaviors and tendencies when it comes to their living situation and expectations for the future, and evaluates their sense of security at home.
The survey indicated that almost three-quarters of Millennials have long-term plans to live in an apartment building, and that safety and security are top priorities. However, only 26 percent feel secure in their current dwellings, and very few (less than 10 percent) have electronic door locks. Fifty-two percent would prefer to access their home using tech-based entry methods such as a smartphone, pin code, biometric solution, key fob or card credential.