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article imagemYPad: 'Affordable' living in a box in London (video)

By Anne Sewell     Nov 3, 2013 in Lifestyle
London - Rent in London is high and the average worker just cannot afford it. A hostel in London has now come up with a novel idea — they are importing containers from China and converting them into tiny homes. Living in a box just hit a whole new level.
In an effort to try to solve homelessness with the soaring rents in Britain's capital, Timothy Pain and the YMCA Forest Hostel in Walthamstow, East London, came up with the idea of importing containers from China and then sending them out to a company to be fitted out as small homes.
Basically a steel box, they are calling these novel homes "mYPad," and despite being so small, the home consists of a tiny kitchen, a bathroom and a living area with a single bed, a flat screen TV, air-conditioning and storage space.
mYPad is affordable housing in converted shipping containers in London  UK.
mYPad is affordable housing in converted shipping containers in London, UK.
YouTube
Each container costs £20,000 and initially they will be built at only two sites during 2014, both related to the Forest Hostel, and will only be available to young people the charity is working with. With funding from the Greater London Authority, they are hoping that other charitable organizations will get involved and do something similar.
Pain told RT in the above video interview:
“Society takes the carpet out from under them, because the moment they get into work, they can’t afford to live in a hostel and they can’t afford to live anywhere else. It doesn’t make any moral or economic sense.”
mYPad is affordable housing in converted shipping containers in London  UK.
mYPad is affordable housing in converted shipping containers in London, UK.
YouTube
The rent, which is comparable to 30 percent of the minimum wage in London these days, is a mere £75 a week. Compare this to current rentals on the Costa del Sol in Spain for such a tiny space, and this is still expensive. However, in London it's unheard of as the average rent, even on the outskirts of the city, is around £300 a week.
RT interviewed Louise Stephenson, who used to live in a hostel but will be one of the first mYpad tenants.
“I think it’s difficult for anyone right now to get comfortable accommodation at a good price, without paying extortionate amounts of rent,” said Stephenson.
Apparently there are plans to build 30 more mYPads in 2014, but many more are needed.
According to RT, unless the UK increases the number of affordable new homes in the city, by 2020 there will be a shortfall of 2 million homes, meaning that some London residents will never be able to afford their own home.
mYPad is affordable housing in converted shipping containers in London  UK.
mYPad is affordable housing in converted shipping containers in London, UK.
YouTube
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