Trapped in property wastelands
Trapped in property wastelands
- 2001
- Guardian 7 March 2001, 11(1) .
Looks at the growth of the "doughnut" phenomenon in many northern UK cities: thriving rebuilt centres surrounded by an area of derelict and abandoned housing. Describes how Ministers are being pressured to rescue many inner city homeowners who are trapped in negative equity, and unable to sell their houses. Calls are being made to reform compulsory purchase legislation and provide proper compensation to these people.
INNER CITIES
HOUSING
Compulsory purchase
NEGATIVE EQUITY
NORTHERN ENGLAND
HOUSE PRICES
Looks at the growth of the "doughnut" phenomenon in many northern UK cities: thriving rebuilt centres surrounded by an area of derelict and abandoned housing. Describes how Ministers are being pressured to rescue many inner city homeowners who are trapped in negative equity, and unable to sell their houses. Calls are being made to reform compulsory purchase legislation and provide proper compensation to these people.
INNER CITIES
HOUSING
Compulsory purchase
NEGATIVE EQUITY
NORTHERN ENGLAND
HOUSE PRICES