A generational thing
Following a trend is common amongst the young generation and in the property market, renting has certainly been the hot trend over the past five years.
No longer are youngsters growing up and aspiring to become homeowners on the ‘property ladder’. For many young adults their first experiences of living away from home is in rented accommodation at university.
Whilst for those that choose to enter employment after leaving school, the property ladder is proving far too expensive, without a peg up.
Private households set to grow by 1m in next five years