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Do humans occupy the building known as city lofts


chem1st

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Well over a quarter of a million for a flat smaller than council tower block flats. Why did they build such small dwellings?

 

I suppose the situation won't look as bad as it does now when parkhill is finished.

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Does anybody know how many have actually been sold?

 

Someone I worked with was after one but all the "cheap" ones had been sold.

it will end-up just full of rich students renting

Edited by Bulgarian
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Well over a quarter of a million for a flat smaller than council tower block flats. Why did they build such small dwellings?

 

To rent out, the one bedroom apartment I'm renting now would cost me at least $700,000 to buy, I could never afford that, but I can afford to rent it and use all the facilites that come with it.

 

I think renting will make a big comback in the next few years.

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Well over a quarter of a million for a flat smaller than council tower block flats. Why did they build such small dwellings?

 

I suppose the situation won't look as bad as it does now when parkhill is finished.

 

They were build so "small" becuase the land was prime estate in the middle of the city- it was very costly compared to other locations in the city. Same reason why they are so "expensive".

 

If you think they are small you should have seen what I was renting in manchester for nearly £800 a month. I could nearly touch one wall to the other!

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Looking at the link in an earlier post it seems that, up to January, only 17 have been 'completed', and then:

 

"Some people have been offered no deals whatsoever. All they are told is that they must complete at the original price. I have, myself, been offered three separate (and different) deals - none of which I considered fair, and I'm very much aware that other purchasers have completed well below their contracted price. Right now, they have taken all previous deals off the table and reckon that they'll be serving notice on me and others at contracted price."

 

Tough times ahead...

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Well over a quarter of a million for a flat smaller than council tower block flats. Why did they build such small dwellings?

 

I don't think high rise city living has caught on like in other cities. And the current financial situation has made things worse.

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