There is a lot of documentation saying that new stadiums don't have the long-term positive economic impact
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Question:
There is a lot of documentation saying that new stadiums don't have the long-term positive economic impact that pundits say they do. If that is the case, then why do cities keep using public funds to build them? There are decades of evidence of teams extracting new publicly built arenas. In your opinion, what if any, are the positive aspects of a new publicly funded stadium? And why do the local governments keep building them? What factors contribute to that decision?
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