The Cost Of Hosting The Olympics

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The Olympics have been happening for hundreds of years. They are a time where countries come together in order to show their physical accomplishments and compete. Because the Olympics are such a worldwide event the preparations are huge and take a long time. The committee has decided that hosting the Olympics in our city would not be beneficial. The committee has come to this conclusion firstly because of the massive expenses. To host the Olympics the city would have to build multiple facilities for the games, renovate and expand hotels and lodges, and fix our streets. According to this quote we are almost certainly going to run over our budget to make these things happen. “[T]he University of Oxford found that the cost of Olympic Games overrun with 100 percent consistency. According to the same study, the cost of the 2004 Athens Olympic Games ran over by 60 percent; the Albertville, France, 1992 Olympic Winter Games ran over 135 percent; and the Lake Placid, New York, 1932 Olympic Winter Games ran over by 320 percent” (7 Ways). With so little of a town we do not have enough money to make these changes. They could put us into a massive debt and stunt the city’s growth. …show more content…

Our city is relatively small and consists mostly of housing for our residents. A common way to get space for the Olympics is to evict the residents. “An outcry over human rights also resulted from the 2008 Games, as 5 million Beijing residents were evicted from their homes to create space for Olympic infrastructures” (Social and Culture). The city would need to evict a majority of our residents and that would not prove beneficial to our city in the long term because the Olympics only last so long but the city’s residents need a place to live for a lifetime. So evicting so many people would hurt us in the long run even if the Olympics brought the city a lot of

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