A new study says that hosting the Olympic Games does not prompt an increase in local house prices, nor do prices crash after the games are over. In Vancouver, where the Winter Olympic Games get underway this month, that may be a good thing. Another report says the city has the least affordable housing of 272 urban centres examined around the world, including San Francisco, New York, London and Sydney, Australia.
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Games Won’t Boost House Prices in Vancouver, Says Study
