Because it does nothing but cost the event cities money, and leaves a bunch of dead infrastructure behind.

https://gjia.georgetown.edu/2021/04/19/why-cities-no-longer-clamor-to-host-the-olympic-games/

Well There’s Your Problem podcast just did an episode on the Olympics. What a shit show.

I don’t think I have ever watched any Olympic event.

Besides, it costs hundreds of millions to host because they demand new stadiums, all that housing and Infrastructure… Then it all gets abandoned except for the higher tax bill to pay for the bonds issued to build it all

Why not make an Olympic bid be for 20 years, 5 games? With summer and winter bids offset, so for instance you’d have Paris be the summer games city 2024-2044 and Vancouver 2030-2050, something like that… Would give plenty of time to monetize the infrastructure investment, but not so long as massive repairs are needed…

While we’re at it, all projects should include plans and funding to convert Olympic facilities into good quality low cost housing after the 20y are up, why not…

🤷‍♂️

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Funny. The description is in German for me but it just describes what YouTube is.

Why no one wants to host the Olympics