Impact on Real Estate Markets by Olympic Games

Abstract

This article explains about how Olympic Games give impact on real estate markets. Especially it focuses on upcoming Year 2020 Tokyo Game. Firstly it analyzes the meaning of Olympic Games as big events, and briefl y introduces Year 2020 Tokyo one. Then, it discusses how Olympic impact on macro economy and which industries are aff ected. As the level of impact is diff erent by property type, the article analyses the impact by property type (i.e., residential, offi ce, retail, hotel, industrial and so on). Olympic will be the important trigger to facilitate urban renewal and rehabilitation of the city.