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Friday, September 04, 2009

Cutting down on space before spending - renting out a spareroom


As cash become tighter I predict more and more people will look to rent out spare rooms to help keep their mortgage payments met.

There is a certain opulent extravagance about all those single ladies, and single men sat alone in the evenings in their three bedroom executive homes with a microwave meal on their lap.

Or all those trendy urbanites in their two bedroom apartments wandering into their second bedroom to play dj on their mixing desks.

These debt laden youngsters could turn into the next 'Rigsby generation' and start letting spare rooms to friends and acquaintances.

This generation of consumers, will look to forsake the luxury of space before they cut back on purchasing and going out.

This article in the Telegraph outlines some issues for landlords letting out a spare room.


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