Can Pet-Friendly Policies Revitalize the Economy? |
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Studies show that pets in the workplace can have a positive impact on morale and productivity. But now whole neighborhoods are experimenting with community-wide pet-friendly policies to attract young, responsible people who pay their bills, but aren't looking to have kids just yet. Also attracted are financially secure dog-owning empty nesters who appreciate the amenities and vitality of a downtown lifestyle. For these types of people, dogs often act as a social lubricant to bring them together. And businesses that cater to both dogs and people are finding loyal fans with the funds to back that loyalty.
California has struggled economically in recent years, but one of the bright spots for revitalization has been downtown Los Angeles, believe it or not. Developers and business owners have strategically begun to cater to these dog-loving good citizens, and judging by the number of people moving in with their dogs, the policies seem to be working.
When a local dog died, neighbors filled the owner's apartment with flowers and helped him grieve, which cemented his appreciation for the community. And people who love their communities tend to spend their time and money in their own neighborhoods. To read the full story, visit the blogdowntown by Emily Chu. Â
Not only do pet-friendly policies stimulate the economy and foster improved relationships within a community, but they also dissuade pet relinquishment to shelters. A major reason pets are surrendered is due to housing difficulties. One of our own employees is currently struggling with that very issue while trying to relocate and find a place that allows his 45-pound shepherd mix.
According to JMZ Property Management in Detroit, landlords who want to make a profit in a tight economy and fill vacancies need to consider a change in the traditional "no-pet" policy. They base this suggestion on the recent study from the Foundation for Interdisciplinary Research and Education Promoting Animal Welfare (FIREPAW), that concludes that the average pet-friendly rental doesnt suffer any additional damage beyond typical rental units. In fact, pro-pet rentals make an average of $2,300 more each year over similarly priced properties with no-pet policies. Additionally, there will be fewer vacancies and greater renter commitment as pet owners know how difficult it is to find quality housing for their animals.
This sounds like a win-win-win situation to us, folks... even if you don't get who you want in the White House. Maybe we'll try and stick a bug in the First Dog's ear to inspire a new economic stimulus package! That's how to get things moving in the right direction! Sometimes it's best when things do go to the dogs!
Political Treats dog by _tar0_.
Top Dog Image by Mike Licht, NotionsCapital.com