Management Diaries: What Today's Renters Want

For property managers, understanding what today’s renters really value is essential to staying competitive. In this episode, Denile Doyle speaks with Jeff Bush, president of Heritage Properties, about the shifting priorities of renters and why understanding resident perception is key to retaining current renters and attracting prospects. Bush shares how remote work, rising costs and evolving generational preferences are reshaping housing decisions. He emphasizes that in a market full of options, it’s important to create an experience that residents don’t want to leave—one that goes beyond the basics and delivers real value. Here are a few highlights from this episode: -Understanding renter perceptions of luxury and value (4:45) -His approach to finding the sweet spot between technology and operational efficiency (8:49) -Why he thinks cost will always be a factor for many renters (17:24) -What multifamily operators can learn from the hospitality industry (22:05) -How picking up a piece of trash taught him an important lesson (28:04)