LOCATION, LOCATION, LOCATION: Japan is giving away unwanted houses

Tokyo – VIJAY SHAH via LUCY DAYMAN and Culture Trip While finding a home at even an average price is next to impossible in the big cities of much of the developed world (London, New York etc., I’m looking at you), Japan is making things a least a little bit easier for aspiring homeowners. Over there in the Far East, they are practically giving away abandoned houses for free, according to travel and culture site Culture Trip. Some towns in Japan have started doling out residences for free, and in the very nature of town-hall bureaucracy, have divided the types … Continue reading LOCATION, LOCATION, LOCATION: Japan is giving away unwanted houses

NEW STRATFORD HOUSING PROJECT: Not so much in the way of ‘affordable’

London – VIJAY SHAH via ALEX SHAW and Newham Recorder As the city of London struggles to house its growing population amidst a housing crisis and soaring rents and house prices, a new housing project underway in the district of Stratford has come in for criticism after it was revealed that only twenty-five per cent of the available stock will be marketed as affordable, the local community newspaper Newham Recorder reported. The Legacy Wharf complex, being designed by Bellway Homes, is being promoted as an ideal site for first-time buyers to move into an up-and-coming part of east London, only a … Continue reading NEW STRATFORD HOUSING PROJECT: Not so much in the way of ‘affordable’

LONDON HOUSING CRISIS: Bedding down in a van

London, UNITED KINGDOM VIJAY SHAH via JIMMY NSUBUGA & Metro As London’s housing crisis spirals out of control, and both house prices and rents became more and more painful for the city’s 8 million inhabitants, one enterprising worker has taken a peculiar, if somewhat desperate, solution to keeping a roof over his head, the newspaper Metro reported yesterday. Alex Hill, aged 24, is an IT worker who emigrated to the UK’s capital from the small town of Tewkesbury in Gloucestershire county, England. Upon arriving in the big city, he found the price of renting beyond a joke, with single bedrooms … Continue reading LONDON HOUSING CRISIS: Bedding down in a van