Pocket Living boss on how his small flats give first-time buyers a foot on the urban property ladder
Marc Vlessing, a property developer, 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?
