Generate text that refutes this claim: Hosting only affects one city  In large countries like the United States or China, the benefits of the Olympics are almost entirely focused on the host city. Even in smaller countries, the benefits of a event played outside the host city or a training camp are negligible. Capital cities are often chosen (after failed bids from Birmingham in 1992 and Manchester in 1996 and 2000 the IOC told the United Kingdom that only a bid from London was likely to win), which concentrates growth and development where it is least needed. 90% of the economic impact of London 2012 is expected to come to London1; not surprising given that 'seventy-five pence in every pound on the Games is going towards the regeneration of East London.'2Furthermore, house prices have been seen to rise in host cities like Barcelona and Sydney around the time of their Olympics, without comparable rises elsewhere in Spain and Australia respectively2. As such, hosting only serves to entrench geographical economic divides.  1 Grobel, W. (2010, April 15). What are the London 2012 Olympics 2012 worth? Retrieved May 13, 2011, from Intangible Business:  2 Ormsby, A. (2010, May 21). Benefits of hosting Olympics unproven. Retrieved June 29, 2011 from Reuters:
y business finance government sport olympics house believes hosting olympics good
Hosting has an impact on the whole nation. The Olympics involves hundreds of events and sports and so provides an opportunity for the whole nation to feel like they have taken part. Training camps are often located outside the host city, as are events such as rowing, sailing, canoeing and shooting, so that the rest of the country benefits too. During Beijing 2008 for example, the equestrian events were held in Hong Kong, drawing both tourism and prestige away from Beijing and towards other parts of the country. The lasting impact of this will be a generation of young people who are excited about sport. Given rising levels of childhood obesity and declining amounts of sport in schools, this can only be a good thing.