{"id":33554,"date":"2021-07-22T11:45:10","date_gmt":"2021-07-21T23:45:10","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=33554"},"modified":"2021-07-22T11:45:10","modified_gmt":"2021-07-21T23:45:10","slug":"australia-to-host-the-olympics-for-the-third-time-in-2032-after-brisbane-wins-its-bid","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/australia-to-host-the-olympics-for-the-third-time-in-2032-after-brisbane-wins-its-bid\/","title":{"rendered":"Australia To Host The Olympics For The Third Time In 2032 After Brisbane Wins Its Bid"},"content":{"rendered":"<p><strong>PHOTO:<\/strong><strong>President of the International Olympic Committee Thomas Bach announces Brisbane as the 2032 Summer Olympics host city during the 138th IOC Session at Hotel Okura in Tokyo, Wednesday, July 21, 2021. <\/strong><strong><span class=\"credit\" aria-label=\"Image credit\">Toru Hanai\/AP<\/span><\/strong><\/p>\n<p>In summer 2032, the world&#8217;s largest sporting event will head to Brisbane, Australia.<\/p>\n<p>The International Olympic Committee announced Wednesday in Tokyo that Australia will host the Summer Olympic games for the third time.<\/p>\n<p><a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Brisbane&amp;submit=Search\">Brisbane<\/a> will also host the Paralympic Games.<\/p>\n<p>Adrian Schrinner, the lord mayor of Brisbane, said the effort to make Brisbane a host city began six years ago under his predecessor.<\/p>\n<p>&#8220;Our purpose was to seek an amazing, once-in-a-lifetime opportunity for our region and for our city,&#8221; Schrinner\u00a0said in a message shared on Twitter\u00a0celebrating the announcement.<\/p>\n<p>He said hosting the Olympics and Paralympics will provide an $8.1 billion boost for the Queensland region economy.\u00a0According to\u00a0<em>The Guardian<\/em>, the estimated cost to prepare Brisbane for the event is $5 billion.<\/p>\n<p>Whether Olympic host cities actually gain economically from holding the event is unclear,\u00a0according to some reports.<\/p>\n<p>The Council on Foreign Relations, a nonpartisan think tank, said\u00a0the Rio de Janeiro 2016 games left the city struggling with debt and high maintenance costs for abandoned facilities just one year after the event.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.npr.org\/sections\/tokyo-olympics-live-updates\/2021\/07\/21\/1018699263\/australia-to-host-the-olympics-for-the-third-time-in-2032-after-brisbane-wins-it\">NPR<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO:President of the International Olympic Committee Thomas Bach announces Brisbane<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/australia-to-host-the-olympics-for-the-third-time-in-2032-after-brisbane-wins-its-bid\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":33555,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478115575,478117053,478098512,478098521,478098538,478107984,478115891,478115890,478108896,478113994,478108266,478102395,478101542,478098562,478098516,478098542,478098519,478098535,478116395,478117054,478115576,478098513,478101743,478098873,478098579,478098828,478098921,478098509,478098536,478098618],"class_list":["entry","author-data123nz","post-33554","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-2032-summer-olympics","tag-adrian-schrinner","tag-australia","tag-australians","tag-brisbane","tag-brisbane-apartment-project","tag-brisbane-city-property","tag-brisbane-city-real-estate","tag-brisbane-development","tag-brisbane-dwelling-values","tag-brisbane-homes","tag-brisbane-house-prices","tag-brisbane-housing-market","tag-foreign-buyers","tag-gold-coast","tag-home-loans","tag-home-ownership","tag-house-prices","tag-international-olympic-committee","tag-lord-mayor-of-brisbane","tag-paralympic-games","tag-property","tag-property-correction","tag-property-investment","tag-property-market","tag-real-estate-agents","tag-real-estate-franchise","tag-real-estate-news","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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