Stadium 1, Neighbourhood 0?

Posted by Gabriel Ahlfeldt, SERC and LSE Imagine some wealthy developer wants to use their millions to build a new stadium. Is this good or bad for local residents? When is the right time to buy into the neighbourhood - or cash in if you already live there? These are the questions many East London homeowners, and potential buyers, are asking as we approach the 2012 Olympics. Of course, others might be wondering if new sports arenas might price them out of the neighbourhood.