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Author | ResidualBiscuit |
Comment | Thanks for the link. Interesting view. From my observations here in Glasgow the 'gentrification building' isn't actually affordable. I know a few folk living in places like this and they are seeing rent and factor hikes each year. KP as an example are seeing building now being priced at literally 300k for a flat, admittedly about 80% of that value is location but in what world is that affordable? I'm seeing rents of 800 to 1000, again, not affordable. I have come to learn about MMR properties which is a nice idea to bridge the gap between council, association, and buying, however is very niche and limited, huge waiting lists and criteria to qualify. I'll be putting my name on a list to see what happens. The areas being regenerated as well speaks volumes. Gorbals. Partick. KP. Anderston. They're making inroads to Ibrox and Govan. Dunno about the east end. They're all very close to town locations, near the Clyde, and can have high rents slapped on them and use location as a justification. Nobody is building in the areas that need it, only where they can hike prices. I live in Paisley by choice as it's cheaper than Glasgow and there's some of these going up near the Piazza now, and I can't find how to get involved to see their rents, they're not listed anywhere even on the developers own site nor any HAs. I wanted to move back to Pollok however it's unaffordable now. Priced out. Also as a side note, private rents in general have shot up dramatically over the last year or two as well. A kind of acceptable 2 bed flat here used to run 400 to 500, now they're 700. Is there any social housing being built in Glasgow at all? Or is it all just this? |
Reddit Link | https://www.reddit.com/r/glasgow/comments/un7c1e/shawlands_arcade_redevelopment/i8ayy5k/ |
Created | Thu 12th May 2022 12:21pm |
Status | normal () |