what i'm pissed off about is the amount of money and where it's going. the council sold it for £600k. which is peanuts. it's huge. and a developer is gonna turn it into student flats then absolutely coin it for a decade or two (or instantly flip it to someone who'll do that). - ThreadSky

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spandex.bsky.social • 45 days ago

what i'm pissed off about is the amount of money and where it's going. the council sold it for £600k. which is peanuts. it's huge. and a developer is gonna turn it into student flats then absolutely coin it for a decade or two (or instantly flip it to someone who'll do that).

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gooser.bsky.social•45 days ago

Student flats are always total shite as well, and not fit for anyone else to live in

spandex.bsky.social•45 days ago

init.. if they ever sell it back to the council or to local residents or wevz, it'll cost a shitload to undo all the changes. but they'll never do that while they're coining it anyway :/

spandex.bsky.social•45 days ago

why can't the council do that themselves? make the investment then some of the HUUUUUGE amount of money that student housing makes in Nottingham would flow back into the city. we're selling off century-old assets for next-to-note and then someone else owns our city, and drains the £££

spandex.bsky.social•45 days ago

* please note that "why can't the council do it?" is a rhetorical question - i do not wish to know "well actually". i am saying that, if someone is gonna coin it here, it SHOULD be the city of Nottingham (and maybe make the student's rent cheaper?)

cjmclean80.bsky.social•42 days ago

This is the thing while the initial outlay is probably prohibitive given the last 14 years but surely borrowing against the return that it will bring is possible!

Longer term thinking as opposed to the short term gain!

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