Sunday, May 21, 2023

Climate Ready Apartments? Count On It When You’re Lessors Can Afford It

This article calls for better tenancy rights imposition in the house rent business amidst the challenges of CLIMATE-CHANGE.


Kids must have access to a house that is ready for climate change, one that is weather-sit friendly. Renting a house must be a sunshine business in the property sector and not a personality-driven business. Featuring a photo of Joseph Ryan B.  With permission from the artist.


Aside from being the next practical thing to have in the Philippines when starting out as newlyweds, Renting an Apartment in the country is the most viable choice, THEN. WHAT ABOUT IN THE FUTURE? 

 

Since owning a real house and lot could take time, with the bureaucracy and complex processes that make owning a house a “long-wait dream” for individuals, RENTING AN APARTMENT can arguably be the most practicable strategy for adults who are wary of their finances, after the wedding expenses are done.

 

But the physical conditions and structural limitations of renting an apartment, one that serves as a real house unrestricted in space and conspicuous of modern amenities can, of late take a great deal of investment, not only on the part of the lessor but also on the part of the renters.

 

The continuing challenges of owning an apartment in the city aside from the exorbitant rates given by lessors of houses; add to this the maintenance upkeep that has to be provided for both ways, all these present economic realities that make house renting extremely thirsty for a quality home space. Because of the struggles lessees can count on in a country where there is no strict regard for TENANT’S RIGHTS.


THE CLIMATE CHANGE sees a need for house renters to have a parcel of space that is live-able, and climate-friendly. One that can withstand heavy rains, floods, and hot humid weather.

 

If location is a DISPENSIBLE variable for the renters to consider in their selection of house to rent in, AT LEAST THE ACCEPTABLE STANDARD that must be taken into account is whether THE HOUSE IS:

 

·   Weather-prepared

·      Flood-Proof

·      And can defend the stayers from the harsh climate whether indoors or outdoors at any given date and time. 



Here comes the need for property developers and apartment lessors to reconfigure their property just in time when the country is at its slow point, spending-wise. 

LESSORS AND PROPERTY DEVELOPERS MUST MAKE THE ADJUSTMENTS TO ADD AMENITIES AND HOME FEATURES THAT CAN MAKE THEIR PROPERTIES LIVEABLE FOR THEIR CLIENTELE.

 

Below are some ideas on what adjustments can be done:

AMEND THEIR CALCULATED SPACE TO INCLUDE A PROPER ROOFING AND SHADING. In times of El Nino, tarpaulins and temporary shading won’t go far in taking care of the family (herein the clients of their property being leased).    Extreme weather that bounces from hot and rainy, is a real lifestyle challenge.

 

Buying umbrellas and shading won’t go far in usability and practicality, in as much as the scope and longevity of the climate compel house owners and renters to ENSURE THAT THE HOUSE SPACE WOULD BE ABLE TO DEFEND ITSELF FROM strong climates for good.

 

A PROPER ROOFING WITH WIDE COVERAGE, SITUATED AT THE FAÇADE OF APARTMENTS BEING RENTED OUT IS NOT YET A STANDARD IN ALREADY EXISTING HOUSES BEING RENTED OUT.

 

But there is a necessity to have this done, if property developers and lessors are serious in their obligation as competent business managers of their property.

 

A NEED TO INTEGRATE WATER STORAGE FACILITIES FOR HOME USE IN CASE THERE IS A WATER SUPPLY  INTERRUPTION.   

For ordinary house renters, finding an ordinary and accessible water tank to act as a standby reservoir in cases of water shortage is not available for middle-class apartments. THE CLIMATE CHANGE MAKES THIS FEATURE, A COMPELLING NEED FOR HOUSE RENTERS AND LESSORS TO ACT ON, NO MATTER WHAT THE SIZE OF THE WATER TANK IS GIVEN ACCESS TO. 


It is not just amenities that hark on luxury or financial capacity, but a matter of preparedness AND CLIMATE DEFENSE.


Having a standby water tank that can assure of potable and clean water for renters' use, would  allow a dignity of life, whether there is a climate crisis or not.

 

AVAILABILITY OF READY MANPOWER TO DO HOUSE REPAIRS AND OTHER MAINTENANCE NECESSITIES.

 

A solo act style of home/business management won’t work in times of crisis and ordinary weather temperaments when renters need to adjust their lifestyle to the direction of what is acceptable and not in times of extreme weather conditions.

 

Without excuses and reasons to sway the importance of this towards the issue of leniency as HAVING A STANDY MANPOWER TO ACT ON REPAIRS OF A USUAL HOME CAN BE COSTLY AND UNATTAINABLE, FOR THE ORDINARY BUDGET, this must be done in hindsight when business calls for management integrity and capacity to better serve its clientele.

 

Having a house rental business or a full-scale commercial property to be leased out is not a business for those with a weak vision and management principles,  A house rental business can be considered a social enterprise as well, one that needs committed management and a property owner who sees the POV (point-of-view) of the tenant/s, and not just their own need for PROPERTY RENTALS.


WITH THE WAY THE HOUSE RENTAL BUSINESS IS BEING DROVE AS A FAMILY ENTERPRISE THAT IS SUBJECTIVE AND NOT WORKING FOR THE INTERESTS OF THE TENANTS ON A MACRO-PERSPECTIVE LEVEL, tenants are left without an option but to accept the personality-centered nature of HAVING TO DEAL WITH THE INTRICACIES of a house rental business in the country; with the owner getting most of the leniency of acceptance, deciding solely on whether to act or not to act on house property repairs and adjustments. 


Most of the time, actions are only a hodgepodge of bandaid solutions that are resounding of complacency and bending towards PRIVILEGE, with the lessors having a mindset of resiliently choosing a need for house repair or resolute action, only when a TENANT is favored or falls under the conditional goodness of the lessor.


>> Commentary. Real Estate/ The Cost of Doing Business, Frankly Speaking. May 21, 2023, by the writer/ blog owner.


No part of this blog may be copied or printed without the permission of the writer. News Review Philippines is open to press contributions on this topic or event invites for coverages to feature more like set topics on this blog.


Feel free to comment on this post.


Thank you.

No comments:

Post a Comment

Thank you for visiting News Review Philippines. Please feel free to leave a comment.

What Utility Service Providers Can Do to Better Their Service

Two companies posture a "no-care" attitude for consumers. Of late, stalwart companies that provide crucial basic services even dur...