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."
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