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Old May 11th 18, 08:34 AM posted to uk.railway,uk.transport.london
Robin[_4_] Robin[_4_] is offline
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Default Crossrail 2 neighbours may have to contribute

On 11/05/2018 09:05, tim... wrote:


"Recliner" wrote in message
...

Crossrail 2 may ask nearby home owners to stump up millions for project

Home owners living within a certain radius of Crossrail 2 stations
could be
forced to stump up millions to pay for the project.


I bet when they say homeowners, they mean residents


The report includes "The money would be collected over ten years as part
of council taxes." There's no other practicable option. But given the
number of rented properties around Dalston they might do well to pick
another station when running the argument that it's only fair given the
increase in value of the properties. The more so when landlords will
tend to put up rents in order to maintain their rate of return on
capital, and to reflect the market rates withy better communication. In
short, a double whammy for occupiers.


--
Robin
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