The cost of living in
This level of housing insanity has prompted some crazy solutions to the horrible expense of London life. For example, Sam Cookney, a blogger based in London, theorized on Twitter that it'd be cheaper for him to rent a two-bedroom in Barcelona,
Done the sums. Would actually be cheaper for me to rent 2 bed flat in Barcelona+commute to London, than get 1 bed here. Genuinely. Blog it?
- Sam Cookney (@Sam_Cookney) October 24, 2013
Cookney decided to publish his theories in a blog post, and it appears that he's right - in fact, he might be able to afford a three bedroom apartment in Spain.
Cookney reasons that he'd need around £1,697 a month for rent in the area he'd ideally live (the admittedly fairly nice West Hampstead), if he includes tax and travel. That's €1,979 a month or $2,700.
How far would that money go in Barcelona? Well, Cookney looked towards the upscale Les Corts and found a fairly average three bedroom apartment for a flat rate of €680 ($933) a month. He found cheap flights from a nearby airport worked out to around €57 ($78) a day, even factoring in the costs to and from the airport.
In total, Cookney claims, he would live in Barcelona and commute to London four days a week for around €1,592 a month - a €387 discount ($530) on life in London, with two extra bedrooms.
Whatever the logic of Cookney's argument (four hours of flying every day is not an ideal lifestyle, certainly), it has hit a nerve. His original blog post has now been shared seven thousand times at the time of writing and picked up by the Daily Mail and even appeared in Spain - a bit surreal for a blog devoted to finding "the best burger in North West London."
Unfortunately, this does seem to be the new reality of the largest city in Europe - a London where Londoners dream of commuting from Spain, and Spanish expats with multiple college degrees live cleaning toilets.