Condominiums with unrestrictive pet policies sell for 11.6pc more than those barring pets, according to a study of a retirement community in South Florida by Zhenguo Lin of California State University Fullerton and two colleagues. Advocates of lifting pet restrictions usually argue for the medical and psychological benefits of pet-owning, but the findings demonstrate that liberal pet policies would benefit condo developers and owners too.
(Source: Journal of Real Estate Finance and Economics)
Published in Dawn, Business & Finance weekly, October 5th , 2015
On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play
Read more
On DawnNews
Dear visitor, the comments section is undergoing an overhaul and will return soon.