The Pros And Cons Of Boston Hosting The Olympics

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Recently, Boston has become one of the bid cities for the 2024 Summer Olympics --- indeed an exciting news to hear. However, the final decision in whether Boston is hosting the Olympics would bring both major positive and negative externalities to the city. We shall start with the positive externality. Hosting the Olympics in Boston would bring benefit to the construction crews in Boston. The Olympics is an international event that attracts immense amount of visitors. In 20012, the London Olympics has attracted 680,000 over sea visitors1. Since these visitors are from oversea, they will require temporary residence for their stay in Boston. Thus leading to an increase in need of Hotels and Restaurants. Apart from the stay, setting up temporary

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