Loneliness and isolation are common feelings experienced at various life stages. Communities that promote engagement and interaction among residents can significantly alleviate these feelings. In fact, loneliness and a lack of community connection can increase the risk of early mortality by 26%, a trend particularly concerning among those over 55.

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Combating Loneliness Through Connection‍

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Australia experiences a constant influx of new residents, with approximately 800,000 students and 250,000 permanent migrants arriving each year. This growing population highlights the increasing demand for community-oriented housing solutions. Many of these newcomers move without knowing anyone, and this sense of unfamiliarity is compounded for those relocating interstate or to new towns. When designed correctly, community living offers an attractive option for these individuals, helping them establish connections and find a sense of belonging.

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Health, Happiness, and Longevity in Connected

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CommunitiesSupportive and socially engaging communities can enhance the overall health and longevity of their residents. Within these complexes, interest groups and like-minded individuals provide opportunities to form new relationships and friendships, which is particularly beneficial for newcomers. Community events empower residents to shape their social environment, fostering a vibrant and connected atmosphere. This approach has proven effective in decreasing loneliness, increasing social interaction, and ultimately improving mental well-being and quality of life.

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The Key to Resident Retention

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Studies show that tenants are more likely to renew their lease if they have at least two friendships within the building, underscoring the importance of feeling included and part of something bigger. This is a crucial consideration for Build-to-Rent (BTR) and multi-housing providers.

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The Role of Owners in Fostering Thriving Communities

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Understanding what residents seek within their community and how they feel about their living environment is vital. Owners and operators have a social responsibility to create a sense of community and well-being among their residents, leveraging their capabilities to foster a thriving and supportive living environment.

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