The decline of the “Uberisation” trend in the residential sector etinsights.et-edge.com
In recent years, the residential sector has witnessed a significant shift away from the “Uberisation” trend, where renting was preferred over owning homes. This trend, which mirrored the disruptive influence of ride-sharing services like Uber in the transportation industry, gained momentum, particularly among younger generations who prized flexibility and were wary of long-term commitments associated with homeownership. However, recent data and insights suggest a notable change in consumer preferences post-COVID, indicating a resurgence in the desire for homeownership
