It is interesting to see the connection between the age demographics and flat share and then coming to the realisation that only a certain age group would make use of flat share on a regular basis.
What is known for sure is that flat share for the older generation where people are between the ages of 36 through 45 only represents a percentage of 13 percent.
Amazingly the percentage of folk who might or might not be interested in sharing a flat decreases even more as seen from a recent surveys conducted. Take people who are between the ages of 46 through 55. Did you know that on average only about 5 % show any interest in the flat share concept and generally go for a 1 bed flat instead. Folks over the age of 56 reflects an even lower percentage at only 2 percent.
Why So Much Interest Among Younger Folks in London?
On the other hand, you will marvel at just how much interest there is in flat share among the younger folk. Teenagers between the ages of 15 through 25 are normally strapped for cash, which is why they show a keen interest in flat share. According to age demographics the percentage was reported to be at 30 percent for this age group.
But who would have thought that the age group between the ages of 26 through 35 showed a phenomenal growth in percentage with figures reported as high as 50 percent.
You will be surprised to learn that students and other people who form part of the age demographics where they are aged between 26 to 35 wants to desperately flat share as they are not quite ready to settle into marriage, and would most likely want to save as much cash as possible for when they do get married.
Generally persons over the age of 26 are more easy going and a pleasure to get along with. Statistics show that they are also far more responsible in actually paying their monthly rental. This could be the reason why you will see adverts being placed on sites like Gumtree UK where they say people over the age of 26 are welcome to flat share.
On other sites demographics on age show that guys and girls over the age of 30 are often times the ones who own a flat of their own and are looking to flat share with younger people to make it easier to meet their monthly commitments.
Another possible reason for the higher percentage among the age group that falls between the ages of 26 through 35 is due to the economy. Things are not as easy going as they were in the past. To be able to flat share proves to be a great aid in coping with the high daily accommodation expenses in London.