On Wednesday, 6 June our Chief Executive Martin Skinner was invited to be a panellist at a British Property Federation (BPF) and JLL joint event: Micro Living – Exploring Small Solutions to a Big Problem.
Held at JLL’s office on Warwick Street, the event coincided with the recent launch of the BPF and JLL’s research establishing a set of definitions for micro living as a sub-set of housing models. The event was an opportunity to widen the debate and understand the advantages and disadvantages of different micro living models including compact living, co-living and shared living.
The evening kicked off with a presentation from Nick Whitten, Director of Research at JLL, who provided the background to the research looking at space standards globally and demographic trends influencing housing needs. John Platt, Associate Partner at CACI, then gave an overview of who lives in micro homes and what people look for in a new home. He revealed that the size of a property is only the 10th most important factor amongst 18-24 year olds and 6th for those over 65, indicating that these two groups are more amenable to micro homes – a stat supported by our YouGov poll.
This was followed by the main event: a panel discussion with Martin. Chaired by Ian Fletcher, Director of Policy at the BPF, the other panellists included John Badman, Director, CallisonRTKL; Rebecca Wardle, Partner at Trowers & Hamlins; Alex Notay, Build to Rent Fund Director at Places for People; and Scott Bryant, Senior Policy Advisor at the GLA. The panellists debated whether micro homes were part of the solution to the housing crisis or a model that could impact housing standards and asked to give their views on what they wanted to see changed.
As a well-known advocate of micro living, Martin said that the most efficient way to solve the housing crisis is to make homes half the size and design them more efficiently by removing wasted space such as hallways. He said a blanket space standard failed to recognise good design adding that micro-apartments enabled Inspired to offer homes for sale and rent with monthly payments of around £850. Read Martin’s recent blog, ‘there’s space for micro-apartments in our housing market’, for his thoughts on micro living and the argument against having a ridged space standard for new homes.
If you would like to learn more about micro living, please email email@example.com or to enquire about our micro-apartments, call 020 8688 6552 or email firstname.lastname@example.org.