23 July 2014

The recession may have halted apartment block construction, but more people now turn to the heart of Leeds as they switch from buying to renting.

Rod McPhee found out how demand for city living is now outstripping supply.

Two years ago things looked bleak. Very bleak. The credit crunch was sinking its teeth into the economy and the final nail in the financial coffin, the recession, saw millions of Britons left without a chance of getting a mortgage.

The housing market slumped, and one of the worst sectors hit in Leeds was city living. By 2008 the banks of the River Aire were lined by apartment blocks with hundreds of units up for sale and very few people able to buy.

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On the Market January 2015
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