![]() Even retirees are lonely because getting out and about is too hard. Everyone from students to families has felt the hit at some point. Living in isolation is the norm for a lot of people trying to work around busy schedules. ![]() We take a look at how the changing needs of tenants have created a shift from the HMO market to BTR. BTR properties, however, put a little more emphasis towards the social side. HMOs and BTR spaces work along the same lines live sociably and have fun. Now, the rise of BTR is building on the core values of an HMO to create stronger co-living communities. This is why co-living concepts are so popular, how the HMO market was able to grow. And at its current rate, the PRS sector is likely to make up 25% of the UK’s housing market in five years.īut people don’t want to rent by themselves living a lonely life. More people are renting than ever close to 4.44 million households are rentals, according to stats released in February 2021. For the most part, the property would just sit there empty. There’s not much point in a young, single professional having that much space even if they could afford it. The thought of buying a three-bed house in the suburbs because it’s what our parents did is dying out. This has changed how we find a place to live. Have you noticed that modern life has changed us? Busy schedules and soaring house prices have made it near impossible for us to socialise or climb the property ladder. ![]()
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