Being elected to host the Olympics is one of the most honorable tasks a country can be asked to take part in. It is without a doubt the world's biggest sporting event in the world. However, some countries are still living with the financial consequences even after generations of hosting the event.

Beijing spent a whopping $40 billion to host the games back in 2008, only to see its venues deteriorate. This is a devastating trend that seems to be happening all over the world.

Back in 2014, the Winter Olympics in Sochi left Russia with a $51 billion bill and its once-gleaming Olympic park quickly became a ghost town after the Games.

Rio was another city to face the devastating effects of hosting. After the 2016 Sumer Games packed up and the international spotlight left, any hopes for its once packed stadiums vanished.

Now, as we're all waiting on the 2020 Summer Olympics to take place in Tokyo, a lot of us have been left wondering if they'll experience a similar fate. This year, the olympics is estimated to have cost Japan more than $26 billion and after postponing the games, another $3 billion has been added to the estimated total.

Let's take a look at photos of former Olympic venues, which could show what the future has in store for Japan when the summer ends.

Aquatic Center, Rio de Janeiro, Brazil, 2016 Summer Olympics.

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The venues that once sparked hope and comradery in audiences during the 2016 Olympic games in Rio de Janeiro have now fallen into disrepair.

Bobsled Track, Sarajevo, Bosnia, and Herzegovina, 1984 Winter Olympics.

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The overgrown bobsled track from the Sarajevo 1984 Winter Olympics can be seen abandoned and left to crumble into it's surroundings. Most of the 1984 Winter Olympic venues have been reduced to rubble, somewhat caused by the conflict that tore apart former Yugoslavia in the 1990s.

Olympic Village, Sarajevo, Bosnia and Herzegovina, 1984 Winter Olympics.

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Once the Olympics were over, the city's venues were ravaged by war and attacked by Serbian forces that held the city hostage for 6 years.

Training Pool, Athens, Greece, 2004 Summer Olympics.

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Water has since been drained from the diving pool which forms part of the Olympic Aquatic Centre in the 2004 Olympic Games Complex in Athens, Greece.

Central Stadium, Sochi, Russia, 2014 Winter Olympics.

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After hosting the games in 2014, the small town of Rosa Khutor grew empty fast. It is now an abandoned wasteland.

It seems the Olympics have a habit of doing this to places. After the events are over, the venues and other buildings become disused.

It's sad to see so many buildings go to waste, and it begs the question... is it really worth it?