Massive hike in short term property rental prices in London due to Olympics not materialised

Massive hike in short term property rental prices in London due to Olympics not materialised

Initial reports that residential rental prices would soar in London because of the Olympics have not been borne out just days before the opening ceremony.
Those asking too much have found their properties empty this week while landlords with realistic expectations have not been disappointed.
Zain Mahal proprietor of Belvoir Stratford, which operates in the heart of where the Olympics will be held, says that although there has been an increase in rental demand in the Stratford area, excessive rental returns have in fact been muted.