Does it really matter too much if we get an economic benefit? Surely it was worth it. The Olympics were amazing even if we lost money, you do lose money doing nice things sometimes. The question should be if the cost was worth what you got and it certainly was, imo, with the Olympics. It hard a hard job convincing people who were so set against it but from the Opening Ceremony onwards it was a great success. Even the failure of G4S to be competent turned out to be a good thing since the army did a great job. The Olympic park was an amazing place to be. We did well in the medals. We also had the best Paralympic Games ever. In China they had to give away the tickets and the athletes still mostly played to empty stadiums. Here the tickets often sold out, the events were shown in prime time and all the time.
If you don't think we did an excellent job of hosting the Olympic and Paralympic games you've got a screw loose.
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Quote:
Originally Posted by TheDaddy
Put it like this, I doubt many who lived there before can afford to live there now  |
This is a London-wide problem. People have been buying up London properties as a form of investment rather than a home, especially those from abroad worried about their money. It's a safe and lucrative place to store your money. London is a bit better than the rest of the south east in allowing development, it happens all the time, but now developers target that market rather than the more affordable end. The result is increasing inflation in the London housing market and people being priced out. A lot of London districts are begin gentrified now, look at Tottenham and in the past Shoreditch would be an example.
Money talks.