| Comment | Just some points;
1: London White Flight: Lots of Londoners are leaving the city in droves to move to a less stressful city. A lot of the flats down in Dennistoun, Great Western Road, Govanhill, are all being bought up on the spot by Londoners whi sold their former council flat for insane money (£1.3 million anyone. Seriously) so they have excess money to play with that locals dont.
2: UK civil service staff and being shuttled up to Scotland to service the UK Government Hub in Edinburgh (& the forthcoming one in Glasgow/Also MI5 regional office in Glasgow too). they cant get any housing in Edinburgh due to that city's house market being nuts. so they are moving up to Glasgow.
3: International buyers, buying up flats without even viewing them. Why? Dont know.
4: STL's are *starting* to be an issue. Chinese & Americans are buying up flats with the purpose of renting them back out on STL platforms like Expedia & VRBO. during peak tourist season they rent out the flats for close £1000 a week. Do the math on that.
Good luck with your house search. |
|---|