That’s right, folks!
BBC News did an excellent article recently about how many (mostly younger) people in London, England are opting to live on houseboats now instead of apartments (or “flats” as you Brits call them) because houseboats are far cheaper.
Continuous Cruising (aka: CC-ing) allows you to pay $1,004 per year (covering your insurance and boat license) and you can moor your houseboat wherever you want in London only IF you move every two weeks. There are some exorbitantly more expensive “permanent mooring” options, as well.
Britain has a 65-mile long canal network of narrow canals, which snake thru 15 of London’s 32 boroughs. Thus, if you own or rent a houseboat or narrowboat, you can live in some of London’s poshest zip-codes for a fraction of the cost.
Currently, there are over 1600 people living on houseboats in London. These boats are 15-40 feet long and a maximum of 7-feet wide.
Some of the larger boats with a “permanent mooring” address are 50-feet wide.
The Canal & River Trust (CRT) issues the houseboat licenses and polices the waterways.