Key Takeaways:
- QIQO Living presents a unique solution to the housing crisis faced by London’s key workers.
- By providing affordable rented accommodation in Central London, they are bridging the gap between key worker’s incomes and their living costs.
- This innovative approach could revolutionise the property development sector in London.
- Founder Michael Tsiagbe believes in the potential social impact of their model.
The disparity between earnings and living costs in London, particularly for key workers such as doctors, teachers, and emergency service personnel, is a chronic issue. These essential contributors to society often find it difficult to live in the communities they serve because of high rent prices. This is where QIQO Living steps in, a social impact venture in the private rented sector that acquires and develops affordable housing for these key workers.
Founded by Michael Tsiagbe, QIQO Living aims to address these structural and societal issues by providing affordable housing in Zones 1-2 of London. The purpose is to create a sustainable solution where the people who serve the community can also live comfortably within it, making London a more inclusive and balanced city.
What differentiates QIQO Living from other property development ventures is its underlying social ethos. By focusing on the needs of key workers, they are targeting a sector often overlooked by traditional property developers. Instead of catering to high earners, QIQO Living flips the script and provides for those who are essential for society but are often left out of the housing market.
Moreover, by retaining and managing these properties under the QIQO operating platform, it ensures a standard of accommodation often lacking in the private rental sector. This commitment to quality and affordability, combined with an innovative operational model, significantly distinguish QIQO Living in the property development landscape.
Looking ahead at the future of QIQO Living, and the industry at large, there is undeniably a long road ahead. London’s housing market is still reeling from long-standing issues, such as a lack of affordable housing and rising rents. However, with QIQO Living’s revolutionary model and resolute commitment to serving key workers, the future looks promising.
As the city and its property development sector evolve to meet the needs of its key workers, the influence of initiatives like QIQO Living cannot be understated. With their innovative approach to affordable housing, they are pioneering a new era in property development. To stay updated on their compelling journey, follow QIQO Living on their website, and through their social channels on Twitter, Facebook, and LinkedIn.
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