As everyone is fully aware, we are experiencing a very challenging economy. We've lost 7 million+ jobs since 2007 and that's expected to be revised adding another 1 million (+-) to the "loss column" in 2010. It's becoming more and more difficult to land a job, much less a career! U.S. Foreclosure rates have exceeded 250,000 for each of the last 10 months according to a report by Bloomberg on Feb. 12. (See linked report below)
The economy will get better but there are a lot of us taking whatever job we can to survive. The single family housing industry has been and continues to get crushed in many markets abroad. The banking industry is near annihilation and the auto industry has imploded. No career is completely safe. However, the good news is, there is at least one industry that is actually growing vibrantly thanks to the "housing bubble." The Apartment Rental Industry the result of foreclosure and the credit crunch is shifting thousands upon thousands of families into rental housing.
While some Apartment Companies are downsizing to emulate the economic conditions many are actually thriving in this challenging economy. More good news is that a college degree is usually not required for employment for most positions, but the pay will generally be as high if not higher than most entry level degreed careers 1st year. Also, there are various positions available that would have crossover skills from many different careers.
The various positions include; apartment community managers, assistant managers, apartment leasing consultants, auditors, accountants, recruiters, assistants, property maintenance, housekeeping, etc. The position of "Apartment Leasing Consultant" is probably the most abundant and you will generally get a salary along with commissions for every apartment you lease. Hardworking, honest go-getters can earn near $50K annually leasing apartments in vibrant markets!
Whether you are looking for a change of scenery or want to stay put, locations all over the U.S. offer careers waiting for talented hungry career oriented individuals. Of course there will most likely be more opportunities in the worst hit housing markets like areas of California including; San Francisco, & Sacramento, and in many parts of Florida including; Miami, Ft. Lauderdale, Daytona Beach. While these areas have historically had higher living costs, they are now very attractive for the vibrant person looking for a fun filled life of beaches & sunshine. Some other large cities hardest hit across America as well are, Cleveland, Reno, and Detroit.
There are a few Apartment rental locations that historically offer the lowest rents in the nation, and should definitely be considered in these low budget times as well. For a huge city, Houston texas arguably has the lowest rents and overall costs of living in the nation compared to its peers. To state the obvious, the larger the cities will have more job opportunities in most cases.
It's also important to note that Houston texas has no zoning ordinances meaning that builders can build apartments anywhere in the city and most anytime they want creating a thousands of rentals and apartment job opportunities. Last count there were well over 400,000 apartment units in the greater Houston area. Houston has revitalized its downtown area and now features a light rail system in the epicenter of thousands of employers near many Houston Apartment communities with an abundance of fine dining establishments and top rated night life.
Other large cities with ample job opportunity and lower rents that need consideration are Oklahoma City, Birmingham Alabama, Memphis Tennessee, Cincinnati Ohio, and San Antonio texas.
Whether it's Houston, New York City, California, or Florida, apartment jobs are abundant during this economic downturn and the right companies can offer stable employment and high salaries for those who demonstrate the talents necessary to help the industry continue grow and prosper.
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