can you afford to live in London, London accommodation, London anti-social neighbours, London bad accommodation, London cost of living, London high rents, London rents, moving to London, rip-off London
Both of these places have the same monthly rent http://www.mirror.co.uk/news/uk-news/renting-london-what-different-amounts-5017325#lClD=sharebar_twitter
Tiny London flat with bed in KITCHEN costs £804 a month http://www.mirror.co.uk/news/uk-news/tiny-london-flat-bed-middle-5179080#lClD=sharebar_twitter
Student houses: mouldy, rat-infested and expensive http://gu.com/p/3nyay/stw
Be warned. If you are a working person on an ordinary income about £20k or a couple on £40k think very, very carefully before moving to London for work.
My late husband and I did, twenty years ago. Buying a house was out of the question. House prices even tiny terraces or ex-council were selling for £200k. Average house price outside London at the time was about £75k which we could have afforded. Being childless, with no disability, both working we had no chance of getting council housing.
A working person or couple, a retired person or student, you are looking for reasonable accommodation at a reasonable rent. A studio or one-bedroom from about £100-£150 per week. Bear in mind you will be paying Council Tax and utilities on top of that. For that you would like a decent standard, in a safe area, as quiet as possible.
What were the options? For about £13k a year we could have rented a small flat. Excluding rates and utilities. Equivalent rents today are about £25k +. So we opted for the alternative, and rented as cheaply as possible, bed-sits and tiny studios.
So what did we get out of our life in London? We worked – that was it. We came home to live in a pokey slum with criminal, rowdy, anti-social neighbours who made our lives hell. Not a minutes peace. Zero quality of life.
Over twenty years we paid £100,000 in rent, with nothing to show for it. Our family income was about £40k. In London you pay luxury prices to live in a slum.