Wednesday, April 21, 2010

One of the Cheapest Places to Live

Back in the UK Tracy Walker of 'Peterlee Mail' writes about Carr Street as being one of the Cheapest Places to Live in North East London.

The street and area was recently highlighted in the BBC documentary : Famous, Rich and Jobless. The BBC story was about living on unemployment insurance or welfare in the Hart Lane area of Hartlepool.

As is the case with many cheap places to live Carr Street has over half of it's houses boarded up. A two bedroom house in this area sells for just 38,000 pound. It's reminiscent of areas like Detroit in the U.S. which also boasts some of the cheapest real estate in the country but at what cost? Would you really want to live in any of these areas just for the sake of living cheaply?

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