I'm not sure if prices will rise as a result of it, but I'm sure real estate agents will certainly try to convince prospective buyers that it will send prices through the roof.
I post on GFY so that when people ask me what I do,
I can tell them that I work with the mentally retarded.
London prices are more absurd than California. The Olympics will stimulate businesses, local construction, indian food and those big Dr. Suess hats that say "UK" on them, but I can't see residential property cost inflating.
But then again, I am no expert, I am just posting in this thread so that I can feel a part of the group.
I wouldn't buy property near the Olympic park in the hopes of capital appreciation based solely on the Olympics. Too far away and too many factors. However if you own the property I'd hang on to it in speculation of capital appreciation.
You deserve to make more money. I'll help you do that.
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