Rise of the renters

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.

Real estate 360

For further information, please contact Howard Freedman, National Head of Real Estate and Construction.

Real estate 360 2018/2019

We interviewed over 250 industry experts from across the UK for our Real Estate 360 report. Let RSM’s 2018/2019 survey results give you a 360 degree view of the real estate market, so you too, can look forward.

Download the full report