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After the Olympics

For the past 5 years London has seen a huge influx of people to support planning, organising and construction for the London 2012 games. 7 million tickets have gone on sale and 204 countries are competing. From each country there will be athletes, trainers, medics, team mangers, reporters, camera crews, translators and supporters.

What happens to London property when this caravan leaves town?
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Comments

  • Out,_Vile_Jelly
    Out,_Vile_Jelly Posts: 4,842 Forumite
    Part of the Furniture 1,000 Posts
    Those who bought in "up and coming" Stratford will probably feel rather foolish.

    Other than that, I don't think much will change.
    They are an EYESORES!!!!
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Couldn't you just post this in the other silly thread on this subject that is already going rather than start another thread exactly he same as the other one?
  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    macaque wrote: »

    What happens to London property when this caravan leaves town?


    London will be left with a lasting legacy of improved infrastructure, roads, sports facilities, you name it. The Olympics will have earned Britain a massive net return on the expenditure, so vast we shall have an almost embarassing nil-debt economy.

    Just like it did for Greece - ha ha :)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    Wouldn't people be more likely to stay in temporary accomodation rather than buying houses?

    I had tickets to a concert in Stockholm but didn't feel that I needed to buy a house there.
  • GeorgeHowell
    GeorgeHowell Posts: 2,739 Forumite
    In some cities like Montreal the olympics had a negative legacy. In others like Barcelona it was the making of them, and catapulted them into the tourism premier league. London is already in that league but hopefully this will enhance its position, as well as reinvigorating British sport.
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    It's funny how people underestimate the impact of infrastructure and iconic spaces, unless they have been here a long time already.
    Think Paris, think Eifle Tower - yet when it was being built it had many critics saying it was a ghastly waste of time.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Conrad wrote: »
    It's funny how people underestimate the impact of infrastructure and iconic spaces, unless they have been here a long time already.
    Think Paris, think Eifle Tower - yet when it was being built it had many critics saying it was a ghastly waste of time.

    Think London, think Dome.

    Point being, some things are successful, some things are not. I don't think any olympic architecture will bring in revenue for years to come. At the end of the day, it's nothing unique or special.
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    Think London, think Dome.

    Point being, some things are successful, some things are not. I don't think any olympic architecture will bring in revenue for years to come. At the end of the day, it's nothing unique or special.

    The Dome actually has turned out to be pretty succesful now, though. Hasn't really regenerated the area that much though, a lot is still wasteland.
  • Pete111
    Pete111 Posts: 5,333 Forumite
    Mortgage-free Glee!
    FTBFun wrote: »
    The Dome actually has turned out to be pretty succesful now, though. Hasn't really regenerated the area that much though, a lot is still wasteland.

    +1

    It is actually the most sucessful live show/music venue in the world these days

    http://www.eventmagazine.co.uk/news/977872/O2-Arena-named-popular-music-venue-worldwide/

    Of course, you have to pray the Jubilee line is working when you go but other than that..
    Go round the green binbags. Turn right at the mouldy George Elliot, forward, forward, and turn left....at the dead badger
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    Pete111 wrote: »
    +1

    It is actually the most sucessful live show/music venue in the world these days

    http://www.eventmagazine.co.uk/news/977872/O2-Arena-named-popular-music-venue-worldwide/

    Of course, you have to pray the Jubilee line is working when you go but other than that..

    I'd imagine the acoustics are great in there because all the sound waves would pass through the walls rather than be reflected back as an echo.

    I refuse to go to concerts at the MEN Arena because the sound quality is so poor.
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