Londoners Making Huge Profits for Olympic Renting

Many families will be taking the opportunity during the approaching Olympic Games in London to make some extra money. All across London, residents are renting out their homes, for what many would say are extortionate prices, to visitors to the capital.

    It has been reported all over London that home owners have been charging up to ten times what would normally be charged, though the expected amount is three times the going rent, still a huge profit for any home owner.

    The houses are being rented to well-off visitors and families and friends of the visiting athletes. On website Viveunique, a three bedroom house for the two weeks would set you back over £6000, whilst on rentduringthegames.com, there are listings going for £10,000 for a three week stay.

    So would you rent out your home during the games? Are you planning on sticking around? Share your thoughts…