Monday, 10 July 2017

Once is circumstance, twice is happenstance, three times looks like land price speculation

From the BBC:

A huge blaze broke out overnight at Camden Lock Market in north London. Seventy firefighters and 10 fire engines were sent to the site, which is a popular tourist attraction, London Fire Brigade (LFB) said...

Major fires have hit the sprawling market area twice before in recent years, in 2008 and 2014.

From my post last time this happened:

The Stables Market, and a swathe of the surrounding area, was sold off by its owners, which included restaurant tycoon Richard Caring, to an unnamed Middle Eastern investor in March this year [2014] for £400 million.

From The Guardian, 15 November 2016:

Camden Market’s star has long been on the wane – but are plans for a radical makeover and boutique hotel, bankrolled by an Israeli billionaire, really the way to recapture its ‘young, fashionable and wild’ heyday?


Lola said...

Yes. Probably. But Mrs L dragged me to it once. It is (was?) a dump. Overcrowded over priced dump.

Mark Wadsworth said...

L, I have also been dragged there by Mrs W.

Lola said...

MW. :-)