Is home ownership an impossible dream?

Housing charity Shelter has warned the housing crisis will halve the number of young homeowners by 2020.

The report released on Friday states home ownership among 25-34-year-olds has fallen from 1.8 million to 1.2 million, and could drop to 616,000 within the next five years.

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A look into warehouse living in London

Over the last few years we’ve seen a move towards finding alternative living arrangements instead of basic flat shares. Artists and creative types have taken over disused spaces all over the capital to turn into live/work units, and now renting a room in a converted warehouse is a popular way to live in London, especially in places like Hackney Wick and Tottenham.

Hackney Wick, London

Hackney Wick, London

Roost was invited into the Peanut Factory Studios in Hackney Wick, east London, to meet 24-year-old musician Joe who opted for communal living over more conventional private rentals. He tells us why:

Would you consider moving to a warehouse? Tell us your story #roostrcommunity

7 times the small screen perfectly summed up house-sharing hell

Now, unless you’re in a relationship or in a position to splurge a solid £1,000 a month (at the very least) on a single room, the renting life will see you co-habiting with other people, likely for years at a time.

In university, this is an essential rite of passage, throughout which essential domestic facets like hygiene, diplomacy and self-respect will remain niggling details best avoided.

The subsequent years act, then, as a kind of liminal period between infantile crapulence and the crushing inevitability of adulthood. This is what we at Roost are interested in today – specifically, the glorious representation of such through the medium of television! (OK, and one essential filmic example.)

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Here’s what the Monopoly board would look like for London’s renters today

Ah, Monopoly – our old childhood friend. You taught us many a life lesson. You taught us how important it is to get your head in the game quickly (for fear of being left with the iron). You taught us that being a banker means you can steal your friends’ taxes, while pretending to put them back in the bank. At the ripe age of five, you’d even taught us just how shit the Old Kent Road is.

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