The Olympics are amazing, but what do they cost?

The Paris Olympics were designed to be 'infrastructure light' to
avoid outlandish construction costs,  yet the overspend is
estimated at $US1 billion. 


Since the 2016 Rio Olympics' budget overrun by 352 per cent, many
cities withdrew their bids in the face of strong public
opposition.  So should Olympic Games be held in one
permanent location every four years?  And how are plans for
Brisbane's 2032 Olympic Games progressing? 


Andrew Zimbalist, Professor of Economics at Smith College,
Massachusetts. Author of Circus Maximus and Boston Olympics: How
and Why Smart Cities Are Passing on the Torch

Michael Bleby, Deputy Property Editor at the Australian
Financial Review