It's probably do-able at a reasonable rate and would also involve a bunch of infrastructure spending that'd be good for the city overall. The thing is, while some places do the Games in a hilariously stupid manner (Sochi), it's possible to not make them a boondoggle. Even Vancouver 2010 was done fairly haphazardly in many ways, but it still worked out reasonably well for them. Just a matter of not going nuts and throwing money everywhere.
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