Do You Think Property Values In London Will Go Up Now That They Have The Olympics? - GoFuckYourself.com

GTS Mark · 07-06-2005, 08:47 AM

Prices over there are pretty crazy already, do you think they will a big upswing as the Olympics gets closer?

Your thoughts?

DH

Steve · 07-06-2005, 08:50 AM

I think the French are very pissed off about London getting the Games.

Project-Shadow · 07-06-2005, 08:51 AM

I believe places directly around where the major events will be held will skyrocket.

RuthB · 07-06-2005, 08:52 AM

Quote:

Originally Posted by Steve

I think the French are very pissed off about London getting the Games.

Good!

France!

Yay for London!!

And yeah, they'll probably hike some prices down there - but at least they've got about 6 years to spread it out..

Cory W · 07-06-2005, 09:06 AM

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.

Peaches · 07-06-2005, 09:11 AM

It didn't happen in ATL What was funny was all these people thinking they were going to win the lottery by renting out their homes for a fortune - and these were people in the suburbs - 30+ miles away from the venues! There were even empty hotel rooms in the closer burbs once the Olympics started.

The good things: Everyone took public transportation so the streets were clog free, people freaked out and thought the restaurants would be packed so no one went - they were empty so it was a perfect time to go

And apparently the big scare over there not being enough tickets was BS - everyone I know got every single ticket they reqested.

It was fun and I'm sure it brought income into ATL, but there was no rise in home prices.

JFK · 07-06-2005, 09:17 AM

Quote:

Originally Posted by WEG Cory

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.

Welcome Cory , lets have a group hug

Cory W · 07-06-2005, 09:20 AM

Quote:

Originally Posted by Peaches

It didn't happen in ATL What was funny was all these people thinking they were going to win the lottery by renting out their homes for a fortune - and these were people in the suburbs - 30+ miles away from the venues! There were even empty hotel rooms in the closer burbs once the Olympics started.

The good things: Everyone took public transportation so the streets were clog free, people freaked out and thought the restaurants would be packed so no one went - they were empty so it was a perfect time to go

And apparently the big scare over there not being enough tickets was BS - everyone I know got every single ticket they reqested.

It was fun and I'm sure it brought income into ATL, but there was no rise in home prices.

But white cloth and explosive sales went up.

haha....sorry Peaches.

Brad Mitchell · 07-06-2005, 09:27 AM

Quote:

Originally Posted by DrinkingLight

Prices over there are pretty crazy already, do you think they will a big upswing as the Olympics gets closer?

Your thoughts?

DH

Didn't London just experience a huge real estate bubble burst?

I wonder if this will put them right again.

blazin · 07-06-2005, 09:34 AM

Quote:

Originally Posted by Brad Mitchell

Didn't London just experience a huge real estate bubble burst?

I wonder if this will put them right again.

Prices have settled down a little and prices have come down slightly but the housing market hasn't crashed yet... the UK economy is in great shape at the moment so I can't see it really happening yet.

FreeHugeMovies · 07-06-2005, 09:36 AM

Fuck France

marec · 07-06-2005, 09:38 AM

well , london REst prices are in the sky now
i don;t think it could get much higher just because of 4 weeks olympics ....

Peaches · 07-06-2005, 10:09 AM

Quote:

Originally Posted by WEG Cory

But white cloth and explosive sales went up.

haha....sorry Peaches.

He was from NC. We need stronger borders in GA

Robx · 07-06-2005, 10:20 AM

I think that real estate values are based around the same principles as any other free market product. Proactive marketing will increase value.

Also, an event such as the Olympics is bound to raise land values. Nations and individual cities have to do a lot of work to prepare for an influx of temporary population without letting it impact their GDP.

I think that it will be interesting to watch the land values all around London to see how their class system adjusts for the temporary population surrounding the Olympics and also the permanent residents that will move around.

Warren · 07-06-2005, 10:25 AM

But then again, I am no expert, I am just posting in this thread so that I can feel a part of the group.[/QUOTE]

GTS Mark · 07-06-2005, 12:34 PM

We all love you Cory

PUGS 4 LIFE!!!

DH

Brad Mitchell · 07-06-2005, 01:02 PM

Quote:

Originally Posted by Steve

I think the French are very pissed off about London getting the Games.

I think the French are very pissed off whenever London gets something.

Cory W · 07-06-2005, 01:02 PM

Quote:

Originally Posted by Peaches

He was from NC. We need stronger borders in GA

But then you risk keeping people in Georgia against their will.

WiredGuy · 07-06-2005, 01:07 PM

What happened after Vancouver got their winning bid? Did they start to go up or not yet?
WG

BRISK · 07-06-2005, 01:07 PM

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.

Rinaldo · 07-06-2005, 01:09 PM

Quote:

Originally Posted by WEG Cory

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.

Atleast you were honest haha

EroticySteve · 07-06-2005, 01:13 PM

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.

Damian_Maxcash · 07-06-2005, 01:18 PM

I hope so, im in walking distance of most of the venues.

I expect my net worth jumped a few points this afternoon

alec · 07-07-2005, 01:49 AM

As early as now, I guess there's a big possiblity..

theFeTiShLaDy · 07-07-2005, 01:54 AM

i think there's a possibility but the increase might be smaller than what we expect.

07-06-2005, 08:47 AM	#1
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	Do You Think Property Values In London Will Go Up Now That They Have The Olympics? Prices over there are pretty crazy already, do you think they will a big upswing as the Olympics gets closer? Your thoughts? DH

07-06-2005, 09:06 AM	#5
Cory W Deeply shallow Join Date: Jan 2004 Location: Hollywood, Ca. Posts: 9,133	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. __________________ ICQ: 292310358 Offering writing and content services (mainstream). Marketing for L3 Payments

07-06-2005, 09:38 AM	#12
marec Confirmed User Join Date: Sep 2001 Location: .sk Posts: 681	well , london REst prices are in the sky now i don;t think it could get much higher just because of 4 weeks olympics .... __________________ TRANNY POLICE .com - To Serve and Fuck JOIN www.trannydollars.com - niche tranny program NOW !

07-06-2005, 10:20 AM	#14
Robx Confirmed User Join Date: Nov 2004 Location: The middle of nowhere Posts: 357	I think that real estate values are based around the same principles as any other free market product. Proactive marketing will increase value. Also, an event such as the Olympics is bound to raise land values. Nations and individual cities have to do a lot of work to prepare for an influx of temporary population without letting it impact their GDP. I think that it will be interesting to watch the land values all around London to see how their class system adjusts for the temporary population surrounding the Olympics and also the permanent residents that will move around. __________________ Contact Us About Getting Your Paysites Exposed To Millions Of People On The Peer To Peer Networks! ICQ 124-249-781

07-06-2005, 01:07 PM	#19
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,485	What happened after Vancouver got their winning bid? Did they start to go up or not yet? WG __________________ I play with Google.

07-06-2005, 08:50 AM	#2
Steve Confirmed User Join Date: Feb 2001 Location: USA Posts: 6,894	I think the French are very pissed off about London getting the Games.

07-06-2005, 08:51 AM	#3
Project-Shadow Confirmed User Industry Role: Join Date: Feb 2003 Posts: 7,340	I believe places directly around where the major events will be held will skyrocket.

07-06-2005, 09:11 AM	#6
Peaches Old broad Join Date: Oct 2002 Location: Away Posts: 13,933	It didn't happen in ATL What was funny was all these people thinking they were going to win the lottery by renting out their homes for a fortune - and these were people in the suburbs - 30+ miles away from the venues! There were even empty hotel rooms in the closer burbs once the Olympics started. The good things: Everyone took public transportation so the streets were clog free, people freaked out and thought the restaurants would be packed so no one went - they were empty so it was a perfect time to go And apparently the big scare over there not being enough tickets was BS - everyone I know got every single ticket they reqested. It was fun and I'm sure it brought income into ATL, but there was no rise in home prices.

07-06-2005, 09:36 AM	#11
FreeHugeMovies Too lazy to set a custom title Join Date: Dec 2001 Location: Charlotte, NC Posts: 14,137	Fuck France

07-06-2005, 10:25 AM	#15
Warren Confirmed User Join Date: Jul 2003 Location: Porn Valley Posts: 2,284	But then again, I am no expert, I am just posting in this thread so that I can feel a part of the group.[/QUOTE]

07-06-2005, 12:34 PM	#16
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	We all love you Cory PUGS 4 LIFE!!! DH

07-06-2005, 01:07 PM	#20
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	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.

07-06-2005, 01:13 PM	#22
EroticySteve Confirmed User Join Date: Mar 2005 Location: The Sunshine State Posts: 4,365	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. Our affiliates earn up to $3/email or $107/sale email steve <at> eroticy.com - icq 290153464

07-06-2005, 01:18 PM	#23
Damian_Maxcash So Fucking Banned Join Date: Oct 2002 Location: MaxCash.com Posts: 12,745	I hope so, im in walking distance of most of the venues. I expect my net worth jumped a few points this afternoon

07-07-2005, 01:49 AM	#24
alec Confirmed User Join Date: Jun 2005 Posts: 1,877	As early as now, I guess there's a big possiblity.. __________________

07-07-2005, 01:54 AM	#25
theFeTiShLaDy Confirmed User Join Date: Jun 2004 Posts: 2,615	i think there's a possibility but the increase might be smaller than what we expect. __________________ I'm a freelance babe!