Cookies?
Library Header Image
LSE Research Online LSE Library Services

The impact of the London Olympics announcement on property prices

Kavetsos, Georgios (2012) The impact of the London Olympics announcement on property prices. Urban Studies, 49 (7). pp. 1453-1470. ISSN 0042-0980

Full text not available from this repository.

Identification Number: 10.1177/0042098011415436

Abstract

This study estimates the impact of the London 2012 Olympics announcement on property prices. Using a self-constructed dataset of a sample of property transactions, it is estimated that properties in host boroughs are sold between 2.1 and 3.3 per cent higher, depending on the definition of the impact area. A similar investigation based on radius rings suggests that properties up to three miles away from the main Olympic stadium sell for 5 per cent higher. It is estimated that the overall impact on the price of properties in host boroughs amounts to £1.4 billion, having substantial social and financial implications for existing residents.

Item Type: Article
Official URL: http://www.sagepub.com/
Additional Information: © 2011 Urban Studies Journal Limited
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Sets: Departments > Social Policy
Date Deposited: 20 Feb 2012 13:06
Last Modified: 30 Apr 2012 08:55
URI: http://eprints.lse.ac.uk/id/eprint/41950

Actions (login required)

View Item View Item