Chinese Youths Prefer to Live in Hotels Full-Time Because It Beats Paying Rent
An increasing number of young adults in China is opting to live in hotels full-time because it is more cost-effective and more convenient than renting or buying a home. Last year, we wrote about a family of eight living full-time in a luxury hotel in Nanyang, China’s Henan Province. Their story made international news headlines […]
Landlord Driven Nuts by Tenant Who Underpays Rent by 1 Cent Per Week
An Australian landlord took to a Facebook group to vent his frustration with a tenant who deliberately underpays his rent by one cent every week. The anonymous homeowner wrote on a landlord Facebook group asking his peers for advice on how to handle a cheeky tenant who reportedly underpays the rent by 1 cent every […]
Swiss Woman Rents Out Tent on Balcony for $540 a Month
People on the lookout for affordable housing in the Swiss city of Zurich can now opt for a two-person tent on an open balcony offering “a view of the starry evening sky” for just 500 Swiss francs ($540) a month. Finding a cheap place to rent in Zurich is almost impossible these days, because of […]
Bathroom With a Bed Advertised as ‘Micro-Studio’ for $550 a Month
A listing for a “newly-renovated micro studio” in Vancouver that turned out to be a tiny bathroom with a bed crammed in it was recently slammed online. Described as “ideal” for a single person looking to live in downtown Vancouver at an affordable rate, and who “does not need much space”, the 160-square-foot (15 sq. […]
1,750 People Que Up to View an Apartment for Rent in Berlin
If you’re wondering how hard it is to find affordable housing in Germany’s capital of Berlin, maybe this will give you an idea – On November 24, a whopping 1,749 people showed up to view a reasonably-priced flat, even though it had only been put on the market the day before. Located near the Schöneberg […]
Tenants Stop Paying Rent to Protest Insanitary Conditions, Owner Removes Doors and Windows in Retaliation
It’s been over a month since Nicole and Pascal Vermeulen, a middle-aged couple from Lignières, France, have had to sleep in fear of someone simply walking into their home at night. That’s because they don’t have a front door anymore, or windows for that matter, after the house owner removed them as punishment for not receiving the […]
Fuggerei – The German Housing Complex Where Rent Hasn’t Gone Up in 500 Years
In a time when the cost of renting a home seems to be getting higher virtually everywhere in the civilized world, the residents of an idyllic housing complex in Germany are living in an inflation-free utopia. The people of Fuggerei, a walled district on the outskirts of Augsburg, pay only $1 a year on rent, […]