London doesn't quite have the crunched space that Manhattan has, but it certainly has its high prices. Most people who reside in this fabulous city cannot afford to live in houses the way they might be able to in other metropolises. Millionaires live in flats and thirty-five year old working professionals live in house shares.
So what are your housing options, realistically, if you choose to live in London? Well it depends on where in the city you want to live for starters. If you want to live central, ie. from Gloucester Road to Covent Garden you're going to be paying the big bucks. Unfortunately the same is true for the nicer parts of North London, like Hampstead, as well as East London. The sad reality is that even the grungier areas of London, that are now deemed as cool and trendy are becoming really expensive.
If you are single and looking for a good deal on rent then you're probably best off looking out for a houseshare. The more people there are in the house, the cheaper your portion will be. Another advantage of sharing a house with a few people is that you get to meet new friends, and you have access to all of the niceties that come with living in a house (as opposed to a flat), like a garden, stairs, a front porch and more.
If you don't mind upping your budget a little bit and really would prefer to live on your own, then you're going to be looking at studio and one-bedroom flats. These can be really expensive and are often cramped for space, but you can find some beautiful, small flats in London that will suit your needs without totally breaking your bank. If one-beds are too much, then maybe find a friend with a similar budget and get a two bedroom to share. This will save on costs and give you a bit more room to spread out in.
If you are a family and cost is no object, well then there are some fabulous, tall and classic homes all over London that you'll love. Of course you still have to decide what your priorities are - big home and big garden, but not so central, or being in the heart of the city but foregoing the luxury of a big garden with trees, flowers and maybe even a swimming pool.
Life is all about compromise. If you want to live in London, you'll have to pay the price.
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