The houses have too many people in them. If you're prepared to share with 11 other people, then go ahead. With so many people comes clashing and arguments. I have encountered some catty people. The house will never be clean/stay clean due to the number of people sharing one small kitchen. There's not enough kitchen cupboard or fridge freezer space for the amount of people.
Rental agreements were constantly being fringed by other members of the household. If you like a very vibrant and active social life, then go ahead. But I found that strangers were brought in to the house almost every night (which housemates MUST ask other housemates' permission to do so - I was never asked) which made me uncomfortable. And the noise level was unbearable. If you're lucky enough to be housed with the loveliest people in the world, go ahead, but you may not be that lucky.
If you're looking for the ultimate fresher experience of drinking, hangovers, dirty living space, then be my guest...
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