I see that Los Angeles and Paris made the final cut to host the 2024 Olympics after Budapest dropped out. Most cities around the world have lost interest in hosting future Olympics because it is such a bad investment and a drain on their treasuries.
This should prove interesting, if L.A. gets the nod, since they have been broke, broke for years. Disaster waiting to happen to an already disastrous city.
LA and California in general have mounting budget problems and maybe they should stay away from it for now. LA's changed a lot since 1984, but I think there are still a good number of cities in the US and Europe that already have most of what it takes to host the Olympics. It's cities in developing nations that undertake major construction that usually end up with huge losses.