Olympic Real Estate
Jotham Sederstrom Aug. 2, 2012, 7:15 a.m.
Conventional wisdom suggests that being named an Olympics host city is a guaranteed economic stimulant, but most real estate professionals know that the reality is far more complicated. From the rousing success generated by Sydney to Athens, where the city’s Olympics Village literally wound up under water, real estate success is anything but a sure thing, no matter what city the Games end up in. After the jump, a sampling of past events and real estate forecasts for London and the 2014 Olympics in Sochi.