by Crystal Martin

Multifamily owners and operators are always on the lookout for ways to improve the financial and operational performance of their communities.

A recent report from Michelson Found Animals and the Human Animal Bond Research Institute shows that providing a welcoming environment for pet owners is a highly effective way to do just that.

According to the 2021 Pet-Inclusive Housing Initiative (PIHI) Report, residents in pet-friendly rental housing stay 21 percent longer than those in non-pet-friendly housing (the report defined pet-friendly housing as any housing that allows residents to have at least one pet, regardless of other restrictions).

Read Crystal Martins entire article in Multi-Housing News.