Posted by: spex362, Millerston on 12:14pm Tue 5 Feb 08
"We are trying to work on how people can get on the property ladder."
Well I never - I had no idea property developers were so magnanimous. Just who exactly who lives in the East End and earns minimum wage or just over can afford a six-figure price for a tiny flat there?
Answer: no-one. As usual it will be speculators and buy-to-let landlords who will descend, snap up these "bargains" off-plan, and watch from the safe distances of G62 and G77 while their "assets" appreciate handsomely, paid for by rent picked from the pockets of the locals they priced out of the market in the first place.
I see no "benefits" accruing to the people of the East End from this, only private profit. The Council should be ashamed of itself for practically giving this land away instead of putting it to use for the citizens of Glasgow as badly-needed social housing.
But, as my mother would say, "money goes to money".
"We are trying to work on how people can get on the property ladder."
Well I never - I had no idea property developers were so magnanimous. Just who exactly who lives in the East End and earns minimum wage or just over can afford a six-figure price for a tiny flat there?
Answer: no-one. As usual it will be speculators and buy-to-let landlords who will descend, snap up these "bargains" off-plan, and watch from the safe distances of G62 and G77 while their "assets" appreciate handsomely, paid for by rent picked from the pockets of the locals they priced out of the market in the first place.
I see no "benefits" accruing to the people of the East End from this, only private profit. The Council should be ashamed of itself for practically giving this land away instead of putting it to use for the citizens of Glasgow as badly-needed social housing.
But, as my mother would say, "money goes to money".
Posted by: jim, Glasgow on 12:21pm Tue 5 Feb 08
I agree,Now get crossrail up and running without any delays ,Holding back is damaging the city.
I agree,Now get crossrail up and running without any delays ,Holding back is damaging the city.
Posted by: Ian, Glasgow on 4:40pm Tue 5 Feb 08
[quote][bold]jim[/bold] wrote:
I agree,Now get crossrail up and running without any delays ,Holding back is damaging the city.[/quote] You are like a broken record. Do you really have to bring Crossrail into every post?
jim wrote:
I agree,Now get crossrail up and running without any delays ,Holding back is damaging the city.
You are like a broken record. Do you really have to bring Crossrail into every post?
Posted by: Gary, Parkhead on 5:19pm Tue 5 Feb 08
Yet again the council let's down the society of an area in question. There should have been proviso's built in whereby the developers have to provide affordable housing to residents of the area. Nano flats (single end / room and kitchen?) for under £100,000....that'll be £99,999.99 then - seriously how deaf and blind are the council to the needs of the people.
25 million pounds to the developer and we even paid them £ 1.7 million plus the land thrown in. The cost to build these flats (look like old 50's council houses) will only cost a couple of million.
Labour clowncilors - stop selling Glasgow down the Clyde or I'll kick yer arse. Ruining this city with the rich get rich tactics.....arrrrggg
hhhhh =(
Yet again the council let's down the society of an area in question. There should have been proviso's built in whereby the developers have to provide affordable housing to residents of the area. Nano flats (single end / room and kitchen?) for under £100,000....that'll be £99,999.99 then - seriously how deaf and blind are the council to the needs of the people.
25 million pounds to the developer and we even paid them £ 1.7 million plus the land thrown in. The cost to build these flats (look like old 50's council houses) will only cost a couple of million.
Labour clowncilors - stop selling Glasgow down the Clyde or I'll kick yer arse. Ruining this city with the rich get rich tactics.....arrrrggg
hhhhh =(
Posted by: Rutherglen, Glasgow on 10:38am Thu 7 Feb 08
I'd be fascinated to know the area and respective values of the two sites that were swapped (plus £1.7m) and the DV's valuation advice on both.
I suspect that this is another case of GCC having painted itself in a corner over Commonwealth Games land acquisitions. If you don't promote a CPO at Day One then you are going to have to pay a premium over market value for land (or have to exchange your own land at below open market value).
All public bodies have rules governing the acquisition and disposal of land and its value. I'm not sure that the definition of "special purchaser" includes "is a purchaser that has something elsewhere we want".
That's two land acquisitions that we know about that would have cost less had a CPO backed land acquisition strategy had been in place. I wonder what's in the Bid Budget for these two pieces of land?
I'd be fascinated to know the area and respective values of the two sites that were swapped (plus £1.7m) and the DV's valuation advice on both.
I suspect that this is another case of GCC having painted itself in a corner over Commonwealth Games land acquisitions. If you don't promote a CPO at Day One then you are going to have to pay a premium over market value for land (or have to exchange your own land at below open market value).
All public bodies have rules governing the acquisition and disposal of land and its value. I'm not sure that the definition of "special purchaser" includes "is a purchaser that has something elsewhere we want".
That's two land acquisitions that we know about that would have cost less had a CPO backed land acquisition strategy had been in place. I wonder what's in the Bid Budget for these two pieces of land?
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