Imagine paying $120 to live in a studio in Los Angeles, California, where the average rent for a one-bedroom apartment is about $2,300.
Sounds nice, huh?
He’s not alone. Last year, 4,600 cars and RVs were used as homes, according to The Los Angeles Times.
L.A., like many cities, has a housing shortage. This, coupled with a 3.1 percent vacancy rate, makes affordable living in L.A. an oxymoron.
“The main expenses are insurance for the van, which is like $60 a month,” said Hutchins. “Then, I have a storage unit for like $60.”
That puts his monthly rent at $120. The van cost him just $125 at an auction.
Hutchins works part-time at a Taco Bell to help pay the bills, and he says living in a van has slashed his cost of living by $800 a month.
He showers at the gym, cooks on a portable stove on a sidewalk (he stores his butane at his friends’ place nearby) and uses wifi at nearby coffeeshops.
SOURCE: Fernando Hurtado