Every Wonder What Happens to Buildings After the Olympics are Held There? Find Out Here!

Olympics are a big deal. Whole buildings are constructed, towns are shut down, jobs are created, but what happens after the Olympics are over? We found this article about what happened to the buildings constructed in London after the Olympics there. We hope it helps you see that good things happen in the world!

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From the article:

Instead of letting a building that used to house 17,000 Olympic athletes go to waste, a Qatar-based real-estate developer is turning the property into a brand new housing project for those in need.

Since the financial downturn in 2007, many people have struggled to secure a mortgage on their own home, leaving them at the mercy of private landlords. This new privately-owned development could provide a safe and reliable alternative to the sometimes unpredictable private landlords.

Half of the properties will also be handed over to a local housing authority that provide accommodation for the thousands of low-income Londoners currently residing in the ”Olympic boroughs.”

The first 100 or so homes will be ready for people to move in by August of this year, with batches of a similar size being made available over the following six months.

Read the entire article here: http://www.psfk.com/2013/06/london-olympic-village-low-income-housing.html

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