Property investment is the most popular 'Side Gig' among UK millennials

UNITED KINGDOM: Property investing in the United Kingdom is the most popular sort of investment for millennials. While extra income can come from a variety of sources, there are a few famous businesses that Brits turn to when trying to supplement their income. (Reported by news source)

Property is one of them. Despite the fact that the UK property market is in turmoil, property ownership remains one of the most important sources of passive income for Britons.

"From 2020 to 2021, 2.74 million unincorporated landlords declared rental income." While studies indicate that many "traditional" landlords are exiting the market due to rising interest rates and shifting prices, it appears that this is not deterring the younger generation of investors.

According to our data, the millennial demographic is very interested in investment homes. "We can expect to see younger landlords in the coming years with a greater appetite for risk," the report reads.