Group fears Ilam will turn into slum
Monday 5 April 2004
Ilam residents want the Christchurch City Council to prevent their streets from turning into "ghettoes" and "slums" because of booming student accommodation.
By The LandlordA residents group asked the council's regulatory and consents committee to look at ways to stop houses being converted into buildings with several bedrooms but few other facilities.
Resident Duncan Mangels told the committee people were unhappy with what was happening in their neighbourhood in and around Siska Place.
"A recent trend in the area is to convert two and three-bedroomed houses to six bedrooms without increasing the living and utility areas. There are now at least five of these accommodation premises in close proximity."
Mangels said in another case two adjoining houses in Clonbern Place were adapted to accommodate students by converting one house into bedrooms and the other into a communal kitchen and dining area.
Read More - Opens in a new window
Commenting is closed
Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
Tales of strife and problems abound in the commercial property world these days, but the impact of the Covid-19 pandemic has not been as devastating for all commercial players.
Mortgage lending fell to its lowest level on record last month as the property market ground to a halt during the Covid-19 lockdown.