PHOTO: Londoners are losing their last cheap housing option. Prices are rising for houseboat dwellers

Around 35,000 people inhabit the canals of England and Wales on houseboats of all shapes and sizes. For a long time, some Londoners saw the option as a cheap alternative to the expensive rent or purchase of a property in the city. But that is now changing due to government cuts that will also affect the trust that manages the waterways in the area. The cuts in subsidies are already directly affecting waterside residents, whose boating licence fe…