Least Affordable Housing Markets

Statista shows how the rise in housing prices continues to outpace the increase in wages across many parts of the world. For many cities, modest gains made in median yearly wages have been overshadowed by significantly higher increases in the cost of housing for the year. Data shows which cities have the highest discrepancy in median house prices and median wages.

London’s Abandoned Warehouses Are Being Transformed Into Giant Living Spaces For Artists

Property Guardianship has become a popular way to live cheaply in London. It allows people to rent buildings that are abandoned and about to be developed. These buildings are often warehouses or commercial spaces, and some even come with photography studios and music studios.

Property Guardian Protection is one of the companies renting out these spaces. The company installs kitchens, toilets, and fire alarms in each building. Reception rooms and Wi-Fi are also installed and bills are all included in the agreement.

Guardians sign a license agreement rather than a tenancy, which has a 28-day notice period. When the building is eventually developed the guardians have to move. Guardians are given priority on new spaces when this happens.

See more from Property Guardian Protection here: www.propertyguardianprotection.com.



What Costs £1,000,000, Is 7 Foot Wide and You Can Live In It?

Business Insider UK got an inside look at the ‘slim house’ in London; a home that measures only 7.5ft wide.

The narrow building features 3 floors, 4 bedrooms and 2 bathrooms and was renovated by architects alma-nac, who added features to the house to maximise every inch of the limited space.

Take a look inside the home that appears small on the outside, but is deceptively large inside.

It is on sale for £1 million.

Would you live in this house?

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