The Olympics can be awesome for cities. Or they can be devastating. Rarely they're both, and most often they are an economic drain caused by over-investment in facilities with limited long-term usability. So when London's plans for a 2012 Summer Olympics stadium that would reduce from 80,000 seats during the games to a more realistically usable 25,000 seats after, Olympics experts, city officials and taxpayers rejoiced. But recent news has turned that rejoice to disgust.
Athens
Beijing Sees Brighter Future Than Athens
As the Olympics leave town, Beijing appears to be in a much better position to benefit from the games than previous Summer Olympic host Athens.
Yahoo Sports
As Venues Sit Unused, Athens Feels Olympic Remorse
Four years after it hosted the Summer Olympics, Athens is questioning whether the $15 billion investment in venues that now largely sit unused was really worth it.
The Christian Science Monitor
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