More Americans are renting their homes than at any point in the last 50 years, leading many to buy cheap, disposable furniture that can be left behind at the end of a lease. Floyd offers with durable and easy-to-assemble furnishings designed to move with Gen Rent as they house-hop.

For cash-strapped Gen Yers – 67% of whom have either less than $1,000 in savings or none at all – gathering together enough money for a security deposit is a huge burden when it comes to renting. Rhino is a US-based startup hoping to make renting easier for both landlords and tenants.

Contrary to popular belief that Gen Y willingly embody 'Generation Rent', 91% UK Gen Yers have just as strong a desire to own a home as previous generations. Data suggests it's the reality of being priced out – not the abandonment of ownership – that's preventing them achieving the milestone.

The housing market can seem like a gamble – and some Britons are playing the game by raffling their homes instead of selling them outright. As purchasing a house the old-fashioned way becomes less likely, people are hoping that a magic ticket will open up the route to ownership.