Olympic Disaster in Vancouver, Taxpayers on Hook for $1 Billion "Ghost Town"
Posted on September 8th, 2010 in Economy | Comments Off
It boggles the mind to think that anyone can possibly think of Olympics as doing anything more than throwing taxpayer money straight down the toilet. Of course vendors and real estate agents do not give a damn about the long-term consequences as long as a quick buck can be made. Now it’s payback time as Vancouver taxpayers on hook for $1-billion as most Olympic Village units unsoldSixty-six per cent of Vancouver’s pricey Olympic Village condos remain unsold — a total of 483 units at the …
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Olympic Disaster in Vancouver, Taxpayers on Hook for $1 Billion "Ghost Town"