In my experience it's not the yuppies that are living in the city center flats. The majority are bought by investors and rented out. I've lived in the city center for a good few years now and i've moved a few times too and every time i've been able to get a large amount knocked of the rent because they are desperate to get any rent coming in. The demand is not there at the moment. The building i'm in at present has around 50 apartments and 8 are empty and have been for a while. There will be 9 next month as i'm being evicted due to my landlord being a arrears on his mortgage before i moved in and having the flat repossessed (his second repossession in this block alone). The rest of the block is mainly students.
I'm delighted to see so much investment in Liverpool, it's much needed and long overdue. But assuming that new flats means new residents and jobs automatically is simply not true.
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Warehouse conversions tend to be more generous in size but all the new build flats i've looked at are tiny. No storage space and only suitable for single people unless you pay £250k+ for a decent sized one. And then you have another £10-20K for a parking space.
I dont know if you were saying that i was selfish and wanted money spending on me but that not true. And i agree with you about the demise of council housing, there are better ways.
Just my 2 cents.
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