With property prices so high, more and more people are starting to live on boats. They might be canal boats, river boats, or larger boats with multiple rooms that have been turned into residences. Whatever shape or size the boat, if people can live on it, there is potential for it to become a home.
Boats are definitely a cheaper option than buying a house. If you can’t afford to buy a property, it might be possible for you to afford a boat, or at least put down a good deposit on one.
Whilst it may be cheaper to buy a boat, you do also need to consider ongoing costs. It is going to be expensive for you to pay for mooring, and this cost will need to be considered forever. You will also need to think about maintenance and how much this is going to cost you over time.