Speaking from experience ?
Fallowfield is a terrible place to live in. Infested with students, crime everywhere, hardly any posh people or immigrants. Things here are getting worse - it must be over a year since we had a car on fire and 15 years since the last gun battle in our cul-de-sac. No fun anymore. Too many policemen on the streets.
Public transport is overpriced and unreliable - 80p and sometimes I have to wait more than five minutes for a bus into town. Driving out is a nightmare - it takes me good five minutes to get to the motorway. No decent overpriced little shops, lovely seedy country pubs, parks full of druggies and perverts, bad schools, suburbia etc. etc. either.
And if I decided to sell my detached Victorian mansion and asked a ridiculously high price, I'd probably have to wait at least a week to sell it for cash. Can't wait for the HPC to sort things out.