As home-automation technology advances, so will apartment residents expectations on what should be provided in their next home. The Multifamily Executive predicts that smart-home products like learning thermostats, digitally managed door locks, and other technology will be must-haves, regardless of their location or asset type.
There are benefits and challenges to this new technology that developers and future property managers should take into account. One of the most valuable smart-home products is a Nest thermostat. This makes living space more comfortable and convenient while providing attractive utility savings to residents.
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