Manchester city centre is experiencing huge growth - but can supply keep up with demand?
"If you are thinking of moving to Manchester city centre - this is your sign to not move," presenter and influencer Saskia Marriott tells her thousands of TikTok followers as she recounts her experience of hunting for a one-bed flat in the heart of the city.
Saskia, who has a TikTok following of 43,000, told the Manchester Evening News she started looking for a flat in early February, and had 25 viewings booked between then and the beginning of March. But she only made it to two, with all the other flats being snapped up before she could even see them. "Then as the world started to open up, when developers did start to press the construction button, most homes took two years to deliver. So those are the ones that you are seeing opening now."
"Huge supply versus demand issues leads to prices being increased," he said. "Most of the stock is relatively new. Most of the quality of stuff is good. It's just being chased by so many people." "This situation is unique to Manchester," he told the M.E.N. "I travel to other cities and speak to experts there, and its clearly worse in Manchester than in Leeds, Birmingham, and Liverpool. They don't have the feeding frenzy we have."
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More than 1,000 Greater Manchester properties hit by power cutsTwo boroughs have reportedly been affected
Read more »
Cristiano Ronaldo insists he is a 'better man' since swapping Manchester for RiyadhCristiano Ronaldo believes his dramatic Manchester United departure has been a huge part of his ‘growth’ as a person. The Red Devils legend had his contract at Old Trafford mutually ter…
Read more »
Manchester United midfielder 'perfect' for Newcastle, says ex-Liverpool starManchester United midfielder Scott McTominay would be ‘perfect’ for Newcastle, according to talkSPORT host Danny Murphy. The Magpies have been running the rule over the Scotland interna…
Read more »
Manchester GP explains symptoms of lung cancer to be aware ofThe NHS is encouraging people who have had a cough lasting three weeks or more to contact their GP practice
Read more »
LIVE: Protesters tie themselves to trees in ManchesterSeveral activists are currently attempting to trees in the grounds of a block of student flats in Rusholme from being felled
Read more »
Greater Manchester weather borough-by-borough as areas set to face heavy showersGreater Manchester weather borough-by-borough as areas set to be battered by heavy showers
Read more »