Fewer under-25s leaving home, and older renters being priced out of ownership or solo renting, is fuelling a change in house-share demographics
When Nicola Whyte first moved into a four-bedroom house share in Balham 16 years ago, she never imagined she would still be living there at 45. But with rents soaring, and ongoing challenges in saving up for a house deposit, she has ended up as a housemate far longer than she anticipated.
“I didn’t think I was going to be here 16 years later, but I’m not unhappy,” she said. “My friends sometimes think I’m a bit weird, they ask me how I can still do it. But I really enjoy it. The rent is really reasonable, it’s close to work and I think it gives you a deeper understanding of people.”
Discover more from Stay Updated Finance News
Subscribe to get the latest posts sent to your email.
