msnbc world news: Landlords in Britain’s capital are evicting tenants so they can cash in on this summer’s Olympic Games by charging tourists many times the usual rent. Homes in the east London boroughs where many events are to be held are fetching between five and 15 times their typical rates as properties are rebranded as short-term “Olympic lets.” Some landlords are also enforcing expensive “penalty” clauses for tenants who want to remain during the gathering of the world’s top athletes. More here.
