First, in keeping with the tradition of the Olympics, they are to be held every four years. The term Olympiad is based off of ancient Greek meaning every 4 or 4th year. Second, costs. It takes 20-30 billion dollars to go from initiating the bid for the Games until time to close up shop after the Games are held. Third, time. From the time for a city to state its interest in hosting the Games until the Closing Ceremony, it is roughly 10 years.
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