Richmond sold city land near the Oval, for development as high end condos, in order to help pay the construction debt for the Oval.  These units were presold overseas, and half of them sit sold, and empty. 

This helped facilitate the attraction of Richmond's housing as a commodity, primarily for overseas sourced money looking for shelter, or speculation. 'If it were not for the Olympics and the city's need to raise money fast, it could have planned an integrated community on this land, with a mix of market and supportive housing, included much needed rentals.

Instead we have a ghost town.  2010 was a great party, but for Richmond the hangover continues.