I remember about 2 years prior to the London Olympics everyone brought into the area around the Olympic village based on what would be certain investment. However the property market worldwide fell and all the value was lost well before the Olympics even happened. So Micro \ Marco timing is all important. I feel a large worldwide event could easily be the main driver in the real big moves in property.
We will have to wait and see but there is a possibility that it could turn out to be just that.
I remember about 2 years prior to the London Olympics everyone brought into the area around the Olympic village based on what would be certain investment. However the property market worldwide fell and all the value was lost well before the Olympics even happened. So Micro \ Marco timing is all important. I feel a large worldwide event could easily be the main driver in the real big moves in property.