With a new generation of homeowners and long-term renters comes a new group of adults to decorate their homes. The millennials have begun to reveal their renovation and decoration styles, and they seem to be good for the public but not great for law firm sustainability.
From barebones kitchens and Marie Kondo style organization styles, the youngest generation of adults seems to be leaning into designing their homes to live simply. This goes for renovations and decoration, leading to practical fixes to their houses instead of extravagant add-ons. Simple projects lead to simple construction contracts. This leads to fewer contract breaches and less push to have contracts reviewed, but more power to ‘em if they can get it done!
Environmental thinking has lead to a large influx of increased efficiency homes. Replacing old windows with double-pane windows, installing solar panels and energy-efficient climate control systems, and improving insulation to keep the house comfortable. These improvements are actually great for real estate lawyers, as they increase the worth of the property. They also help do their small part in improving the environment.
3. Long-Term Fixes
As you may have noticed, a lot of the home improvement trends are long-term, relatively simple fixes. While renovating a property to be more energy-efficient, it’s likely that they will also go in and fix that defective porch. These fixes will likely reduce premises liability claims, so you PI lawyers will have to make do with a few fewer clients.