r/Glasgow Tools

Title
AuthorGrey__Walker
Comment
Defo don’t buy one of the flats there, you’ll struggle to sell it if you decide to move in the future. When I was looking to buy my first flat years ago there was a real nice place in one of the blocks to cheap to be true. I looked the place up on google and found out why. There was a YouTube video with a couple of the people who live there who where in negative equity and couldn’t sell or move out. I remember reading the issue it became so bad was that when they were originally built the majority of the flats where sold to a Glasgow Gangster who filled the flats with Hookers, Swingers Orgies and Drug Dens. I guess the money laundering checks the bank do weren’t as rigorous as they are now. I drive past the place daily to get on the M8 and the Hookers are still standing about. The block closest to the fly over seems the worst of the two.
Reddit Linkhttps://www.reddit.com/r/glasgow/comments/kf13jw/wallace_street_flats/gh5io3g/
CreatedSun 27th Dec 2020 7:02am
Statusnormal ()

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