Celebrity Princess Charlotte Prince William’s Monarchy Plans Might Mean Charlotte and Louis Won’t Inherit Major Royal Real Estate A slimmed-down royal circle could mean “minor” members living in unexpected places. By Christina Perrier Christina Perrier Christina Perrier is InStyle’s assistant editor and a writer in the fashion, celebrity, and lifestyle spaces. InStyle's editorial guidelines Published on July 8, 2024 @ 05:24PM Close Photo: Getty Images Princess Charlotte and Prince Louis may be royals, but they might not be destined to live in palaces like their royal lineage. British historian and author Kate Williams told Hello!, per The Mirror, that the two may lose out on royal real estate as King Charles vies for a "slimmed-down monarchy" and a move away from palaces—a practice Prince William also seemingly plans to continue. The family may further open their 30 regal estates to the public as a source of funds, which means some royal family members—i.e., those who are not heir to the throne—may have to relocate, according to Williams. Several royal residences, including Kensington Palace, Windsor Castle, and part of Buckingham Palace, are already open for palace tours. Getty Images "On one hand, these palaces are great homes being conserved for future generations. On the other hand, they generate a lot of income for the royal collection and are great to visit," Williams told the outlet. "We understand that King Charles is aiming for a slimmed-down Royal Family, so it means [minor royals] may have to go and live in non-palaces." She noted it will be interesting to see how things fare once William ascends the throne, and whether Charlotte, Louis, and Prince George will still be living with him. Following in his dad's footsteps, William reportedly aims to shrink the royal inner circle even more. "Maybe in the future we'll see Princess Charlotte and Prince Louis getting a flat in Shoreditch together," she added. Williams noted that, historically, queens have been more partial to the palaces, while kings have seen them as "stages for brilliance." Queen Elizabeth II was especially fond of Windsor Castle in Berkshire, Sandringham Estate in Norfolk, and Balmoral Estate in Scotland. Currently, Charles "doesn't really live in Buckingham Palace," but rather uses it "more as an office" and is renovating it, per Williams. Instead, Charles and Queen Consort Camilla reside in Clarence House in London, with Windsor Castle as their official country residence. Meanwhile, Kensington Palace serves as the home for Prince William, Kate Middleton, and their three children.