Monthly Archives: December 2011

East London

Team GB has pledged to come at least fourth in the medal table at next year’s Games.
But the true test of the Olympics will be the one felt after the lights come up on the closing ceremony – when the wider legacy of the multi billion pound investment in East London gets its chance to stand on the medal podium, or not.
 Who’s buying what? There are now hundreds of flats being built in the Olympic boroughs of London, and the same Connaught House, a Barratt development in the Olympic borough of Newhamnumbers being sold.
Housing developments in Newham, Hackney, Tower Hamlets and Waltham Forest – some of the poorest and most deprived boroughs in the country – are now pulling in first-time buyers, owner-occupiers and investors who recognise they’ll get more bang for the buck if they buy a home  in this part of the Capital.
And while not always moneyed, these new residents tend to come from the aspiring middle class – the types of residents who want to find a home with a high spec kitchen and a coffee shop lifestyle, or plan to rent their investment out to someone who does.