2
The Olympic Park would much |
change the perception of east |
London , |
establishing |
it |
as |
an attractive family housing |
location |
with |
great |
leisure |
amenities |
|
|
|
the Games . The long term project is being managed with an eye on long-term quality , which means that the east London localities will potentially be able to rival the more prime areas of west London and an evidence of that is obvious . There was a hope that the Olympic Park would much change the perception of east London , establishing it as an attractive family housing location with great leisure amenities . This should attract newcomers who would ; otherwise , not have considered the location previously ; there is also a belief that on the long-term , the Stratford ( the Olympic Town ) area will be
subject to increasing amounts of overseas wealth . Not just from investors buying newbuild properties , but also the possibility of ‘ displaced ’ west Londoners taking the value of their property east and getting much more for their money . If that happens , the Government and Locog ( London ’ s 2012 organising committee ) are likely to fulfil their ‘ legacy ’ pledge even if the housing market is yet to see any real sustained benefits .
As the end of the summer drew in , recent reports reveal a reduction in the interest shown for house sales . This year , with much attention upon the London Olympics , demand prices on property for sale dropped below normal , as August witnessed a 2.4 % decline . This occurrence was always going to happen as the increase in property prices was above average due to the global interest in the Olympics .
We believe that the modern sporting �
If the recession has taught us anything , it is that the prime and super-prime areas will never be truly affected due to the endless overseas interest
المناطق ذات على ا�سعار ان الركود لا ي�ؤثر كالمناطق الراقية الطلب المتنامي الم�ستمر
توفر ال�سيولة وغرب لندن ب�سبب في و�سط اإليها من الداخل وتدفق الاإ�ستثمارات
والخارج
DORCHESTER December 2012 13