Unlivable, pricey accommodation have created an existential risk for London

Tourist with backpack walking on Regent Street in London, UK (Credit: Alexander Spatari via Getty)

The struggle to find decent accommodation in London is legendary. It starts with a vicious cycle of scouring the internet, getting ghosted, and eventually, attending auditions masquerading as viewings. Often, it concludes with a commitment to pay thousands month to share a less-than-ideal apartment with strangers.

These tales will be familiar to older millennials and Gen Xers who navigated the start of their careers in London in the early 2000s, as in other major cities like New York and Dublin.