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"...she now pays $3,500 in rent, but she has a four-bedroom, 2,400-square-foot bungalow with its own laundry and a balcony overlooking the beach." UK: That is
by keithpeter 13y ago
"...she now pays $3,500 in rent, but she has a four-bedroom, 2,400-square-foot bungalow with its own laundry and a balcony overlooking the beach."
UK: That is less than half what I pay for a 2 bedroom house a couple of miles out of the centre of a provincial city. This house is what people in the US would call 'rent controlled'. Commercial rents twice to three times as much. Housing cost is ridiculous in UK but no-one seems to want to acknowledge that.
Those 500 square feet railway apartments. What are they like? I wouldn't mind one of those!
- mgkimsal 13y agoI'll acknowledge it. You pay > $7000/month for rent? 4200 pounds per month?
- keithpeter 13y agoOK, I thought those where annual rents. So still another fact of difference. UK outer-inner city rent around £800 per month (£7200 per year) plus about £1k property taxes for two bed apartment in new development.
- mgkimsal 13y agoNo, they're paying $3000+ per month in the US. Whew - I didn't think the UK had gone up THAT much ;) The £800/month isn't out of line with a lot of US rents either - that's around $1300/month. You'd get a lot of room for that in some areas, but in others like NYC, that's almost nothing.
- Mvandenbergh 13y agoReally? I pay £1800 a month for a privately rented three bedroom house 20 minutes from central London. Friends of mine pay maybe £2000 for a similar sized place in zone 2 North London.