Pocket Living boss explains why his business model of building smaller flats is ideal for the UK housing crisis
Property developer Marc Vlessing says he would be happy to be put out of a job. In an attempt to attract first-time buyers who might otherwise be unable to afford their own homes, his business, Pocket Living, builds smaller-than-average flats with lower-than-average price tags.
It is a business model whose success is based on the fact that so many have been priced out of city living by the housing crisis. Perhaps it would be a good thing if Pocket’s niche did not exist?