More than a decade after London hosted the 2012 Olympic Games, construction cranes are everywhere in and around the Olympic Park in Stratford, where an array of buildings are under construction. But swathes of promised “affordable” housing for the east London area, which like much of the British capital has seen gentrification in recent years, is still to be delivered.
Bidding for the Olympics, the organisers’ promise was clear: the Games would provide the “enduring legacy” of regenerating “an entire community for the direct benefit of everyone who lives there”. “In other blocks friends are paying £3 000,” she noted, adding that many of her neighbours work in the well-paid high-tech sector.
The rent leapt to £1 800 when she moved out two years ago, after securing a £600-a-month social housing flat following an 18-year wait.In Newham, rental rates surged by 58 percent between 2012 and 2019 and by 20 percent over the last three years, the biggest rise of any London borough.Demand for social housing in Newham was the second highest in England in 2022, according to Bernstock’s research.
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