The much-hyped move from cities to the country thanks to the pandemic is happening – but it’s much more likely to apply to the oldest renters, not to those younger or middle-aged tenants.
That’s the finding of a survey by The Deposit Protection Service of some 1,300-plus tenants who said they moved during the six months up to January 2021.
The proportion of 18 to 35 year olds saying they were now renting property in towns increased by five per cent to 50 per cent; the number of 18 to 22 year olds living in rural areas fell the sharpest of any group in the survey, from 13 per cent to six per cent.
The lifting of government restrictions on house moves following the first 2020 lockdown led to significant shifts across renting demographics as respondents reassessed their needs during the second half of the year” according to The DPS managing director Matt Trevett.
“There seems to be a much stronger demand among younger tenants for properties in towns rather than cities and rural locations, which we believe was partly provoked by more widespread working-from-home policies.
“On top of this, older respondents seem to be increasingly interested in rural locations, perhaps as a result of lockdown restrictions causing greater disruption to urban life, including the temporary or permanent closure of many services and venues.”