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With Millennials delaying home ownership, city apartments are in demand, and new economical and flexible home options are being created.

With Millennials delaying home ownership, city apartments are in demand, and new economical and flexible home options are being created. The first micro-apartment complex has just opened in New York City with units are no bigger than 300 square-feet, and multi-purpose furniture like a desk that transforms into a dining table. Residents are catered to by concierge app Alfred. Not only do the tiny apartments encourage a minimalistic way of living, and produce less waste, they are also a popular concept: 60,000 applications were submitted for just 14 micro-units in the building. (Tech.Mic)