Microflats for Millennials

Kathy McWilliam Trends in Housing February 13, 2018 Leave a reply

Did you or someone you know live in a communal rooming or apartment situation during your college days? If so, you are familiar with the set-up: individual rooms, with shared kitchen, bath and living areas. It had its benefits, like manageable costs and guaranteed companionship (even if you didn’t always love your roomies!).

Traditionally provided by rooming houses or private homeowners, enterprising investors and builders in London, England have recognized a market opportunity and are creating apartment developments around this communal concept. They have been dubbed ‘Microflats’, and are marketed as a way to provide reasonably-priced housing for millennials.  No more solitary Movie Nights!

Bonus? Could also work for seniors on fixed incomes!

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