Olympic Dreams Equal Potential Profits

When people negatively criticise the forthcoming Olympic Games, one of the common remarks is that the event will only benefit big businesses and political ambitions, while ignoring ordinary workers. Those of a right-wing ideology often retort that wealth will ‘trickle down’ to surrounding local companies as tourism increases trade, and the whole area will get an economic boost, advantaging even those on lower incomes. However, Shelter - a charity for the homeless - has seen increasing evidence of London landlords giving tenants little time to leave their properties, or increasing rents hugely as the Olympics approaches. One estate agent has gone on record saying that properties previously rented for £350 per week were now being marketed for £6,000 per week! How is that going to benefit anyone other than rich people?! As usual, the glorious ambitions of the few are ignoring the vital needs of the many.