CRASS talk, crass hype, CRASS rail... KHOODEELAAR! updating the evidence of the lies that peddlers of London Crossrail have been telling ..[233]

1710 GMT London Sunday 9 November 2008:

CRASS talk, crass hype, CRASS rail... KHOODEELAAR! updating the evidence of the lies that peddlers of London Crossrail have been telling for years [233]

KHOODEELAAR! Told you so! Look at the texts, accessed from a still active web site in the past 10 minutes, which published this breathtakingly stupid plug for CRASSrail... It is the sort of language that Ken Livingstone used and the language that Boris Johnson has begun to use in peddling the idiotic 'benefits' of Crossrail.... ":Crossrail: Crossrail has recently got the go-head - a White Paper is planned to be submitted in March 2005 for Government consideration with regarding to financing. It seems about 80% certain now that the rail link will be built - even if the London Olympic bid fails to secure the games. Of particular note is that Tottenham Court Road will be on the intersection of Line 1 and Line 2 - and will come a serious transport hub. This part of London, on a visit last week - is undergoing quite some re-generation. Western parts of Holborn and the eastern end of Oxford Street should show considerable improvements once these lines are openned" [To be continued]






http://www.propertyinvesting.net/cgi-script/csNews/csNews.cgi?database=specialreports.db34&command=viewonex

Crossrail: Crossrail has recently got the go-head - a White Paper is planned to be submitted in March 2005 for Government consideration with regarding to financing. It seems about 80% certain now that the rail link will be built - even if the London Olympic bid fails to secure the games. Of particular note is that Tottenham Court Road will be on the intersection of Line 1 and Line 2 - and will come a serious transport hub. This part of London, on a visit last week - is undergoing quite some re-generation. Western parts of Holborn and the eastern end of Oxford Street should show considerable improvements once these lines are openned.

Hayes & Harringdon is also worth a look - this area is close to Heathrow (Terminal 5 employment and new offices/commercial) and at the branch intersection o the Heathrow line on Line 1. Rail travel to central London will improve considerably, and the fact this subsub is in the middle of the western High-tech M4 corridor is a further bonus. Maidenhead at the end of Line 1 is also worth considering for similar reasons - this town is quite large, economically buoyant and has good access towards the West (West Country, Reading) and east (Crossrail providing direct trains to the City, West End, Docklands and Stratford etc).

Abbey Wood on the SE line extension would undoubtedly see big re-generation since this area is one of the cheapest places in London at present. Ilford, which is currently re-generating and is an importnat East London regional centre - would do will from Crossrail.

Finally, for all those doubting Thomas's that believe there will be a property price crash in London - forget it ! With 900,000 people due to arrive in the next 10 years, very little building, and smaller households, only a big increase in unemployment (unlikely) or interest rates (not likely) could trigger a significant fall. London has and will remain a ket services/financial international hub and a magnet for foreign investment - purchase of low prices rental property in re-generating areas of London seems most prudent!