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Five Common Questions About Smart Home Technology

Five Common Questions About Smart Home Technology
The era of the smart apartment home is upon us.Like the owners of single-family homes, apartment residents have come to appreciate the convenience and lifestyle benefits of smart home devices. According to a recent report by the National Multifamily Housing Council and Kingsley Associates, more than 70 percent of apartment residents are interested in smart thermostats while 67 percent and 63 percent are interested in smart lighting and smart locks, respectively. Meanwhile, more than 56 percent are interested in smart/dynamic glass. The report also shows that residents are willing to pay for smart home technologies.But despite this general and growing enthusiasm for smart home solutions, apartment communities that implement them are bound to face a wide array of questions from residents. Below are some common questions and a framework for suggested responses.1) What are the benefits to me? Smart home devices can provide apartment residents with a level of convenience they haven’t experienced before. Emphasize to them how these technologies can allow them to control and monitor their homes remotely and can even help them save money. For example, smart thermostats can reduce energy bills by 10-23 percent.2) How much will it cost? This will vary, of course, depending on the solutions you’re implementing and the providers you’re using. But be direct and clear with your residents and explain to them that the cost is either incorporated into their monthly rent or that they will be charged a separate monthly fee.3) Do these technologies/devices come with security risks? Unfortunately, no technology is 10......
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Bye Bye, Peloton. So What's the Next Hot Amenity for Multifamily?

OK, I'll admit it.

I totally want a Peloton bike. Yes, even though I'm a runner, not a biker. (I know they also have treadmills, but for some reason those aren't calling my name. Also, is "biker" a thing? Or is that a motorcyclist? Are stationary bike users called cyclists? Is there anything I can't overthink?) Even though they're pretty pricey, especially when you add in the monthly subscription costs. Even though the rightfully mocked ads would make me feel guilty putting one in my drafty basement. They just seem...cool. Like, this piece of gym equipment will be the thing that finally makes me look forward to working out, learn to love kale and develop a sunny world view. (Just kidding. Those things will never happen.)

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