Before the 1984 Los Angeles Olympics, organizing the Olympic Games was basically a money-losing endeavor, with the host country treating it more as an "image project". 1984, Los Angeles creatively put forward the new idea of "supporting the Olympics with the Olympics", and made a profit of 250 million U.S. dollars, illustrating to the world a new concept of the sports industry. In 1984, Los Angeles creatively put forward the new idea of "using the Olympic Games to support the Olympic Games" and made a profit of 250 million dollars, which explained to the world the new concept of sports industry. Since 1984, people have paid more attention to the economic benefits brought by the Olympic Games, and over the past 20 years, the cities that hosted the Olympic Games have played a unique Olympic real estate. 1984 Los Angeles Olympics In those days, before 1984, the real estate market in California was in a general decline. Although the Olympic Games were about to be held, the previous years of losses affected the real estate market downturn. But after the first lucrative Olympics in history, the Los Angeles real estate market bucked the trend. The effect was as pronounced as the kind of wind blowing in the valley on the edge of town. 1988 Seoul Olympics Before the Olympics, the old city of Seoul was very constricted and located north of the Han River. By hosting the Olympics, the city environment was greatly improved by expanding the airport, renovating the highway, and managing the Han River. After the Olympics, the real estate market in Seoul kept going up, and the hot situation lasted until 1995. As a large number of sports facilities for the Olympics were located south of the Han River, the construction of a large number of supporting athletes' villages, apartments, and press centers made the new Gangnam District a symbol of new life, formed a new residential area, became a bustling commercial area, and eventually made Gangnam the main residential area of Seoul. The creation of a new district in Seoul changed the entire urban layout of the city. 1992 Barcelona Olympics After this Olympics, people finally began to realize that Olympic real estate is also a bubble. Because in 1986-1993, Barcelona's residential value increased by 250%-300%, and then turned down, until 1998 to reverse the downward trend. Such a downward spiral is probably what the concept of the Olympics can give. During this period, many people got rich because of real estate speculation, but there were also many who could not get out in time were trapped after 1993. Of course, in such a fall, there are also let feel proud of the place, Barcelona this city in the Olympic Games after the ranking of the European cities at once from 10 a few to No. 7. 1996 Atlanta Olympics The Olympics in this sector brought two new meanings to real estate: commercial real estate and suburban housing. While the real estate around the Olympic Park generally appreciated by more than 30%. But more importantly, the old downtown area was extensively renovated and office and commercial properties flourished. At this point in time, the benefits of investing in commercial real estate are even more pronounced. The advanced communications equipment and hotels left behind during the Olympics led to the location of many conferences, making Atlanta a "convention city". In addition, after the Olympic Games its after-effects are very obvious, the economy continues to grow steadily, people's consumer confidence increased greatly, if you buy property in the suburbs at that time, the result is that this form of residence has become a local hotspot, and even, Atlanta suburb housing has become one of the local famous tourist attractions. 2000 Sydney Olympics Samaranch hailed the Sydney Olympics as the most perfect Olympics in history, and house prices in Sydney doubled as a result of the 2000 Olympics. Since 1993 to 1999 in seven consecutive years, Sydney's house prices have maintained the momentum of growth, the city's house prices on average annual increment of more than 10%, Sydney City, individual central areas and important areas of the land and housing prices increased even more than 30%, especially close to the main venue around the area around the venue more than doubled over the past three years, an average increase of more than 30%. 2004 Athens Olympics The concept of the Olympics has had a far greater impact on developing country real estate markets in terms of prices than in developed countries. Research by Jones Lang LaSalle Real Estate Investments of Athens has shown that hosting the Olympics will have a long-term profound effect on the price of residential housing near Olympic competition venues. "With reference to the experience of the previous four Olympic host cities, the impact of the Olympics on residential housing prices in Athens will be far greater than the impact on Atlanta and Sydney."