Friday, September 14, 2007
Leeds, manchester, Liverpool – they’re all going to go the same way.
Front page of the Yorkshire Evening Post reports on the coming carnage in Leeds due to the oversupply of flats (sorry, executive apartments): There are 6,300 homes in the city centre and 2,500 under construction. Another 10,800 are in the pipeline, which will take the total to 19,600. But the report says there is a "question mark" over the need for so many. Council Tax data for Leeds city centre shows that only 65 per cent of existing homes are occupied and the report says high vacancy rates are set to continue.