Hang on to those rent-controlled apartments for another decade and you'll be able to reap a windfall in Airbnb hosting. Why? Because there's a chance that San Francisco could hold the 2024 Summer Olympics! What, you're not excited? C'mon, it's the Olympics! It'll be like America's Cup times gazillion! What's not to like?
On Friday, the United States Olympic Committee announced that it had pared down the list of candidate cities for the United States bid to four: Boston, Los Angeles, Washington D.C., and us. There are many hurdles to score before San Francisco can vault its baton through the finish line (we don't watch a lot of track and field—we're more into team sports). First, the USOC would have to actually pick San Francisco from among the other contenders. Then, SF would have to beat out other entrant cities from around the world, including Paris, Rome, and Istanbul. Then Aaron Peskin would have to die. (Kidding, Aaron, kidding!) The USOC will be reviewing the American cities over the next six months. A final decision is expected in 2017.
Back in 2005, the Bay Area bid for the 2016 Olympics, falling short after negotiations faltered for a new 49ers stadium which would have been the centerpiece of the Games. Now that a new football facility will be in place, it could be a boost for our chances. In a statement, Mayor Lee said, "For the last year, a small group of civic leaders with deep Olympic ties and experience have held quiet, preliminary discussions with the USOC about the City and region’s potential to once again bid... I enthusiastically support taking the next step toward exploring a potential San Francisco Bay Area bid for the 2024 Games."
We're not saying he will, but you know what would make Larry Ellison look like a real mensch right about now? Offer to foot the whole bill for the Summer Games.