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Can't afford a house? Try this.


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2014 May 15, 5:53am   1,006 views  0 comments

by JH   ➕follow (0)   ignore  

How do you get a foot on the property ladder, when you live in one of the most expensive cities in the world?
For an increasing number of first-time home buyers like Sandra Reddin, the answer doesn't lie on land -- but in the water.
"Doing the washing-up with swans floating by your window -- I love it," says the 55-year-old, who bought a houseboat earlier this year.
In a city where $1 million will buy you a mere 25 square meters in prime central real estate, Londoners are turning to the labyrinth of waterways silently snaking their way through the metropolis.

http://www.cnn.com/2014/05/15/sport/are-sky-high-property-prices/index.html?hpt=hp_c3

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