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Almost Half Of Rental Property In Hands Of Those Aged Over 46

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Rise Of Silver Renters

Pressure: younger renters are being squeezed by ‘silver renters’ Renting is no longer a young person’s game with almost half of people in rented accommodation aged over 46. Almost one in five ‘silver renters’ are aged over 55, research shows, the same proportion as those aged under 25.

Of the 36,500 people surveyed, 25% of 18 – 25-year-olds claimed they were satisfied with renting, with 80% wanting to own their own home in the future. These numbers reversed for those aged 55 and above, with almost half (46%) stating they were happy with renting and only 19% saying they would like to own a house in the future.

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