Housing London’s young professionals

2nd January 2015

The Financial Times takes a look at how London property developers are building micro-houses and hostels for young professionals who are unable to afford to rent more than a room in shared accommodation, let alone their own property. The Collectiveis currently housing 350 tenants across 20 refurbished buildings, and plans to build a tower in Stratford spanning 29-storeys. The average property offered by The Collective measures 15-20 sq m, and is priced between £190 to £250 including bills and council tax.

Source:   Financial Times (29/12/14)