Thursday, 30 April 2015

Survey Finds More People Living Alone and Renting

The housing market in the UK is experiencing a number of key trend changes which mean the more people are living along and more are renting a home for the long term, new research has found. Of the 43% of those taking part in the Housing Futures Survey who are single and planning to move in the next five years, some 75% expect to be living alone and 45% of those aged 18 to 29 indicated they would consider living in a professionally managed private rental unit. The research suggests that future housing types and location decisions are being altered by access to technology. Nearly 36% of the respondents who were intending to move listed broadband connectivity as important or very important in their motivations for moving, and nearly 20% listed mobile coverage. Read more on the Property Wire website.

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