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In page Hulme:

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The decision was made in the early 1990s to demolish Hulme's crescent blocks and replace them with low-rise flats and houses. The total amount of public and private money spent on improving Hulme and neighbouring Moss Side between 1990 and 2002 has exceeded £400 million.[1] The area by then had become popular and desirable, containing a mix of council and privately owned housing.