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staff likely to use private transport and it increase the number of vehicles converging on office buildings as well as the demand for parking in adjacent public car parks or residential streets. One of the advantages of using private transport is that it provides an opportunity for office workers to reduce the uncertainty involved in making the journey to work. Users of public transport are much more likely to incur a period of waiting time for transport to arrive.

Demand for residential

It would only seem likely that office staff who need to travel across long distance would find it necessary to change address. The large number of recruits from elsewhere who are within easy travelling distance have therefore been the principal source of demand for housing in the particular area in order to minimize travel distances to their offices. Office staff change their address may due to their travel to work conditions because they are already conditioned to think in terms of short distance journeys and times and are therefore more prepared to make short distance residential changes in order to restore equilibrium. Shorter journey to work is always attractive to the office staff.

It cannot be assumed that they will generate a larger demand for housing in and around the area in proportion to the number of office staff recruits or staff recruited from elsewhere. Once the decision has been made by a household to seek a new address the search area can be extensive and the demand for the housing is unlikely to be entirely focused on accommodation within the reception area.

Some employees who occupy temporary accommodation now represents housing demand which can be considered as internal to the local market. Office usually move to an area over a period of several years so that the expressed demand in any one year will depend on the size and occupation structure of in-migrant organisations as well as of those offices already well established. The demand for housing does not begin and end just before and after an office moves but can be spread over several years. All the employees who make residential changes do not do so for reasons connected with the location of their place of employment. It has been shown that the critical determinants of the volume of demand for housing at the particular residential area.

Rental

One of the biggest advantages when it comes to renting a residential office space is the amount of money that you would get save every month. Usually the rates are lower compared to the commercial spaces available in CBD area. This is because of the prestige location. The more commercialized it is, the higher would be the rental rate. On the other hand, the residential locations have lower rates for everything since it was not actually meant to be used for business purposes in the first place. It would be best if you would opt for a two-storey residential office space or have a big area.

Finding a business space downtown is always an advantage. The parking space and the commuting distance are of paramount importance.