This is a large
and quickly growing group who are now responsible for the lion's
share of the demand amongst private landlords and professionally
let properties. The three principle drivers for professional sharers
renting rather than buying would see to be:
- Jobs :
Many fresh graduates and young professionals are willing
to relocate in order to follow their work or to find new work. Around
250,000 move to London each year to try to get a boost up the employment
ladder. If you don't know what or where your next career step will
be, renting can often be the sensible option.
- LifeStyle : Quite
frankly many sharers enjoy the company and social aspects of sharing
a house. They might not yet be ready to strike out on their own
and get their own place, for fear of too many nights in alone. Many
young professionals are city dwellers. Attracted by the busy lifestyle
and close proximity of amenities, a shared house or flat in the
city can be the perfect answer for their lifestyle needs.
- Money
: Last, but not least, for many young sharers, there are
not always many other options. A lot of people now find themselves
priced out of the market in the early parts of their careers and
simply can't afford to buy. Others share whilst they save, since
renting with other people is usually cheaper than renting on your
own.
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