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/
this post was submitted on 20 Jul 2024
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Qatar proved with the world cup that the only ones willing to build the infrastructure for these events are ones who don't pay because they use slave labor.
God forbid we use existing infrastructure for them, or reuse the same cities, I think it's crazy every 2 years they expect a whole new set of stadiums to be built
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