Housing costs make UK households much poorer than US peers

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blitzkrieg
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14 Aug 2023, 1:40 pm

goldfish21 wrote:
blitzkrieg wrote:
goldfish21 wrote:
blitzkrieg wrote:
Yeah, I have seen the odd tabloid article regarding how Canada is becoming unaffordably expensive.

I think it is a problem in the west in general, currently.

Time to throw caution to the wind & to live in a tent. :jester:

Yeah, it's impossible for a regular working person to buy a house on a single above average income. Even for most couples. People are now buying houses with other couples in order to qualify for the mortgage. It's crazy.

I have an affordable place to live thanks to family, but, I'm going to look into an out of town work opportunity and if I go there is nowhere to live so you have to sleep in your vehicle/camper or maybe on a construction site floor. For ~3x the pay as work in the city it'd be worth it for a while. And if it's something I do for an extended period, I might just buy an old trailer to live in and then rent it out or sell it off when I'm done with it. Something like that.


A trailer actually sounds kind of appealing to me. Some people have prejudice against them but they are cosy at least & I imagine relatively easy to maintain, versus say, a house or something.


There are very few places to park them to stay overnight that aren't campgrounds, constantly gotta be on the move to not get fined/chased out by security/bylaws officers/cops etc. A bit easier for people who condense their lives into living in a van.

The appeal to me would be that I can buy one from the 1970's for around $15k taxes in, use it for as long as I need it for, and then resell it for about what I paid - maybe only losing taxes. There are some fibreglass trailers of that era that are every bit as water tight today as they were when they were built. Rather do that than sleep in a tent. But even better would be if I could just put an air mattress on a construction site floor and sleep indoors. Thinking ahead, still not sure if this opportunity will materialize nor if I can get a crew together willing to go camp and work.. but it's worth looking into for the $.


You sound like you have a reasonable plan. I hope it works out well for you. :)


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