The mental health of your residents has drastically changed in the last few years, and their needs have shifted as a result. The percentage of people struggling with their mental health has doubled since 2019, and isolation and loneliness continue to loom.

With the prolonged isolation that came from the pandemic, residents are in need of a home where they can thrive and find a new lifestyle. Many residents are no longer commuting to an office, so they are desperately looking for a community where they live. 

Providing residents with community and outlets improve their mental and physical health is extremely important to your bottom line. You will have a happier resident base that is willing to stay longer and pay more to do so.

If you provide residents with a place to live and a few events scattered throughout the year, they will be looking elsewhere when their lease ends. That will translate into losing thousands of dollars filling units of residents that would've stayed if they had found their community.