4 ms·

Reminds me of this article talking about living in Barcelona and commuting to London being cheaper than living in London: https://uk.finance.yahoo.com/news/chea

by bruceb 12y ago

Reminds me of this article talking about living in Barcelona and commuting to London being cheaper than living in London: https://uk.finance.yahoo.com/news/cheaper-to-live-in-barcelona-and-commute-than-rent-in-london-081937638.html https://uk.finance.yahoo.com/news/cheaper-to-live-in-barcelo...

smcl 12y ago
Interestingly I discovered that a former colleague of mine actually does this. He'd considered buying a property in London and managed to find a number of of houses in Murcia (Spain) which cost the same as his deposit in London would have been. There is a slight twist which enables this international "commute" however. His job has involved being on-site in with a client (in Scotland) for the last while, so even if he lived in London he would've been put up in accomodation anyway. So in reality his Spain->UK\UK->Spain round trip only happens once a week, but technically he's still doing an international commute :) edit: Tidied up the rambling sentences
SandB0x 12y ago
The cost of living in London is insane and it is a really interesting thought experiment. A lot of my friends are moving out of the city and I can't see myself staying here more than another year or two. But for some context, West Hampstead is a fairly nice suburb on three different train and tube lines. The rent for a one-bed flat is high as they are bid up by couples who are both earning. You are at a big disadvantage looking on your own. In my experience there is not much difference between prices for a one or two bed flat. I think a big problem is the price of national rail transport into London from the commuter belt. It can easily cost £4,000 a year for a season ticket, wiping out most of the saving on rent or mortgage payments compared to living in the city.
- rjaco31 12y ago
  How can rail transport be that expensive? (I'm genuinely asking)
  - peteretep 12y ago
    Because the rail tracks were laid down a loooong time ago, and are surrounded on all sides by expensive property. This means limited capacity, ageing infrastructure, and unceasingly increasing demand.
  - zelos 12y ago
    Because, even at that price, the trains are still standing-room only on peak. From a quick calculation my £4000 season ticket works out about £0.25/mile.
  - jon-wood 12y ago
    You'd be even more incredulous if you had to ride on a London bound commuter train every morning. If you're lucky you'll get to stand in a space large enough that you don't have to stick your head in someone's armpit. If you're incredibly lucky, or get on at one of the first stops on the line, you might even get a seat.
    - willyt 12y ago
      London Underground standard 'crush loads' are 4 people per square meter of floor space for the entire floor area of the train carriage.
      - jon-wood 12y ago
        I'm really not sure that's a fact I wanted to know.
  - gambiting 12y ago
    Because UK uses a stupid system of surge pricing for their trains. Rather than a flat rate for a journey, you will pay more the closer it is to the departure and the busier the route is. So even if you buy a ticket 6 months in advance, a Monday morning ticket to London is going to cost you 100 pounds+, depending where you are travelling from.
  - ownagefool 12y ago
    I'm in the ~£4k* a year bracket. The train takes about ~40 minutes to get to London, which is pretty good. You won't get a seat though, so that's 40 minute standing packed in like cattle on a train service that's often late. Of course, network rail, the line operator, kicks back money for lateness but the strange rules of your franchise like paying out only on overall lateness and not considering a train that's too full for you to get on as late means they keep 90% of that back for themselves. For most folks that's only part one of your commute, because few of us actually work where we get into the city. Typically this means getting on the underground for another 30 minutes, this time cattle is being a bit polite. * Actually, the £4000 is what I would pay if I paid for a yearly ticket. Since I don't always work in London, I get month tickets. These cost £400 a month.
- suttree 12y ago
  I commuted between London and Berlin for a decent amount of time, and I certainly remember having more money then compared to now when I live in London fulltime.
  - throwaway2547 12y ago
    How did you manage this? Was this daily? If not, where were you sleeping when you were in London? Where were you flying to, and how were you getting into central London? I'm really interested in commuting to London from other countries but it seems impractical and expensive. There seem to be a lot of people talking about how in theory it's cheaper, but no one is doing it other than weekly commutes, which requires a place to stay in the first place.
amelius 12y ago
Interesting strategy. Except of course that it adds an unduly amount of CO2 to the atmosphere.

by bruceb 12y ago

smcl 12y ago

Interestingly I discovered that a former colleague of mine actually does this. He'd considered buying a property in London and managed to find a number of of houses in Murcia (Spain) which cost the same as his deposit in London would have been. There is a slight twist which enables this international "commute" however. His job has involved being on-site in with a client (in Scotland) for the last while, so even if he lived in London he would've been put up in accomodation anyway. So in reality his Spain->UK\UK->Spain round trip only happens once a week, but technically he's still doing an international commute :) edit: Tidied up the rambling sentences

SandB0x 12y ago

The cost of living in London is insane and it is a really interesting thought experiment. A lot of my friends are moving out of the city and I can't see myself staying here more than another year or two. But for some context, West Hampstead is a fairly nice suburb on three different train and tube lines. The rent for a one-bed flat is high as they are bid up by couples who are both earning. You are at a big disadvantage looking on your own. In my experience there is not much difference between prices for a one or two bed flat. I think a big problem is the price of national rail transport into London from the commuter belt. It can easily cost £4,000 a year for a season ticket, wiping out most of the saving on rent or mortgage payments compared to living in the city.

rjaco31 12y ago
How can rail transport be that expensive? (I'm genuinely asking)
- peteretep 12y ago
  Because the rail tracks were laid down a loooong time ago, and are surrounded on all sides by expensive property. This means limited capacity, ageing infrastructure, and unceasingly increasing demand.
- zelos 12y ago
  Because, even at that price, the trains are still standing-room only on peak. From a quick calculation my £4000 season ticket works out about £0.25/mile.
- jon-wood 12y ago
  You'd be even more incredulous if you had to ride on a London bound commuter train every morning. If you're lucky you'll get to stand in a space large enough that you don't have to stick your head in someone's armpit. If you're incredibly lucky, or get on at one of the first stops on the line, you might even get a seat.
  - willyt 12y ago
    London Underground standard 'crush loads' are 4 people per square meter of floor space for the entire floor area of the train carriage.
    - jon-wood 12y ago
      I'm really not sure that's a fact I wanted to know.
- gambiting 12y ago
  Because UK uses a stupid system of surge pricing for their trains. Rather than a flat rate for a journey, you will pay more the closer it is to the departure and the busier the route is. So even if you buy a ticket 6 months in advance, a Monday morning ticket to London is going to cost you 100 pounds+, depending where you are travelling from.
- ownagefool 12y ago
  I'm in the ~£4k* a year bracket. The train takes about ~40 minutes to get to London, which is pretty good. You won't get a seat though, so that's 40 minute standing packed in like cattle on a train service that's often late. Of course, network rail, the line operator, kicks back money for lateness but the strange rules of your franchise like paying out only on overall lateness and not considering a train that's too full for you to get on as late means they keep 90% of that back for themselves. For most folks that's only part one of your commute, because few of us actually work where we get into the city. Typically this means getting on the underground for another 30 minutes, this time cattle is being a bit polite. * Actually, the £4000 is what I would pay if I paid for a yearly ticket. Since I don't always work in London, I get month tickets. These cost £400 a month.
suttree 12y ago
I commuted between London and Berlin for a decent amount of time, and I certainly remember having more money then compared to now when I live in London fulltime.
- throwaway2547 12y ago
  How did you manage this? Was this daily? If not, where were you sleeping when you were in London? Where were you flying to, and how were you getting into central London? I'm really interested in commuting to London from other countries but it seems impractical and expensive. There seem to be a lot of people talking about how in theory it's cheaper, but no one is doing it other than weekly commutes, which requires a place to stay in the first place.

amelius 12y ago

Interesting strategy. Except of course that it adds an unduly amount of CO2 to the atmosphere.