With all of the excitement surrounding the Olympics this week, it makes us think about how real estate in the host cities is affected after the Games pass through. What are your thoughts on the topic?
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It's great exposure for the city, spurs interest in adaptive reuse to create additional housing and has a positive financial impact.
The increased rent and property values, as well as the increased population, as a result of the Games motivates too many to move away from the city.