The place is just packed
The future of renting
In London it is becoming harder and harder to find people who can afford to live alone.
People are born into a house with their parents, then they move out to student accommodation which they share with four or five other people, then they finish their studies and move into a flat which they share with four of five other young professionals.
Then comes the hardest part, the young professional gets together with another that they love very much and try to get their foot on the property ladder with a starter home.
The cooking of the books and creative accounting that goes on in the couple's finances and at the bank to find an affordable mortgage and make this possible is becoming ever more elaborate and difficult.
There was a time when a man could afford a studio or a bachelor pad, and when a woman could have a career and independence and a flat all of her own.
Those days are going, if not already gone and it now requires at least two people to pay for a roof over the head.
If this trend continues into the future there may well come a time when it is impossible for even two people to afford property. A young couple will have to find four or five other young couples to move in to a starter home together with. Property will be more and more valuable and landlords will fight for ever greater numbers of people to be packed into their flats.
The landlord will be able to install a computer to watch over the house and make sure that no one is slacking off. In the future it will be impossible to call in sick.