Hunting for the Olympics bounce : any evidence in real estate (original) (raw)

This study investigates the economic impact of hosting the Olympic Games on local real estate markets, analyzing housing price trends before, during, and after the events. The research concludes that there is no significant evidence of an "Olympic bounce" in house prices in host cities. Although construction employment increased prior to the Games, there was no downturn in housing prices post-event. The findings suggest that the focus of hosting the Games should shift from economic benefits to celebrating excellence and engaging public imagination.