Summary
While living for free like this might let you save for a mortgage, or at least another stretch of backpacking, it does mean you have to be at home quite a lot of the time. The other sort of cheap accommodation available in London means hardly being at home at all. Fabricio Manica advertised the cheapest bed in Loot on 20 March. He is an Italian student working in pubs in London and was looking for a third guy to share a room in Lewisham, which he already shares with a friend.
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Extract
Bargain Basements
The most alarming aspect of living in London, for many people, is the extortionate cost of renting or buying somewhere to live. On the open market, it is difficult to rent a room anywhere for less than £70 a week, or to buy a modest family house for less than £350,000.
You are bound to wonder if there is some way round this inconvenience. ...See the full content of this document
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