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New survey shows alternative housing choices young people would make

A study revealed that a third of young people would choose to buy and live in a caravan if they couldn’t get on the property ladder.

My Home Move conducted a survey of 1,000 people across the UK aged between 18 and 34. Nearly a third of people would opt to live in a caravan (29%), followed by 24% favouring a lodge, and 13% choosing a canal boat.

Doug Crawford, CEO of My Home Move, said: “Being able to own your home is still an aspiration for most young people; however, despite the Help to Buy schemes, a rise in gifted deposits and shared ownership programs, the reality is that for many, getting on the property ladder is still too expensive.”

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“What our research clearly shows however, is that the desire for a home is still very real, as less than 2% said they would continue renting long term, and that most would think creatively to secure themselves a future property.”

He added: “These findings suggest that as an industry we could do more to support aspiring home owners by developing and providing inventive housing solutions.”

In their regionalised findings, 40% of young people in the north east would choose a caravan over other housing alternatives, while the idea of a treehouse appealed to no one. In comparison, a lodge was favourable among 34% of young people across East Anglia, almost twice as much as a caravan (17%).

Across Wales, the South East and London, young people preferred the idea of a Tiny House construction – an idea governed by George Clarke’s Amazing Spaces. The idea of living in a tent was only desirable in the West Midlands.

The survey also showed that the straw-bale self-build houses from the Lord of the Rings inspired 3% of young people, proving the least popular choice.

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