Social attitudes to renting are changing and more people than ever before are choosing to stay off the property ladder for longer.
Whether this is to do with the rising price of avocado on toast or the simple fact that the younger generation no longer consider buying a house in their 20’s as a necessity, and may not have the ability to do so.
Over 75 per cent believe that the Private Rented Sector (PRS) or Build to Rent (BTR) will become a mainstream investment vehicle.
Almost half of those surveyed believe the private renters sector will see the most growth in the next 12 months, followed by the serviced offices or co-working spaces at 43 per cent. This is certainly true among experts, with 85 percent believing that in the next twelve months, to reduce operating costs, businesses will increase the use of serviced offices.