Photo source: https://bit.ly/2HBT7iT
The market always anticipated the trends for anyone willing to ‘listen’ carefully to it. The build-to-rent trend is one of the many activities that appeared when (and where) a gap appeared between demand and supply.
Now someone has to address Generation Rent:
” those under 35 years old in full employment stuck in overpriced housing and earning too much to qualify for social housing”
But what do they need? More affordable private rental properties. And here’s where build-to-rent comes to meet the demand!
In recent years, smart investors speculated upon these trends and needs and have created new homes. Usually we are talking about flats that are designed to be rented on the long term, instead of actually bought fast by first time buyers.
Now, the figures are saying there is a 30% of the population renting in London.
Recent forecasts by PwC property consultants expect to see 60% of Londoners living in rented accommodation by 2025.
The growth in renters can only be supported by private investors. More helpful information and forecasts for investors in this article on Property Reporter: