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Old 16-11-2013, 22:57   #21
Hugh
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Re: £11bn Olympics Benefit Target Met

Quote:
Originally Posted by TheDaddy View Post
affordable rent can be 80% of local market rent, so I wonder how many people who lived there before can afford to live there now.
Considering that the area was formerly contaminated land and industrial buildings, I don't think many people lived there before....

Also, nearly half of the Affordable Rents are Social Housing.

http://www.triathlonhomes.com/the-homes/to-rent/
Quote:
Social rented homes

675 social rented homes are available and affordable to those on low incomes, as the rent is set below market rates.

These have been allocated for residents on the housing register in Newham, Olympic host boroughs and social housing tenants who want to move from other London boroughs into Newham.
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