While not exactly possessing expert knowledge regarding the case of the Jaconellis in Glasgow, I've noticed a couple of parallels with my own residential property buying experience.
From what I can gather we both bought two-bedroom tenement flats around 20 years ago, and both paid around £30,000 for them. We both still live in them (although from what I can gather the Jaconellis lived in theirs for a substantial period before the actual purchase).
It seems that they were initially offered £30,000 under the compulsory purchase order, which seems derisory. It's reported that they want £360,000 for the flat, which seems over the top. Glasgow City Council has offered £90,000, which the Jaconellis have refused.
Despite the parallels with my own purchase, I can safely say that if offered £90,000 for my flat then I would be out of it quicker than an MSP benefiting from Holyrood's second home subsidy could say 'profiteering'.
And I'd have a massive grin the width of the River Tay on my face to boot. In fact the biggest smile since moving into the place almost twenty years ago.
Any chance of a late relocation of the Commonwealth Games to Dundee?
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