Parisian apartment owners are eagerly looking forward to the 2024 Olympic Games being held in the French capital. Previous Olympics have seen hotel room prices soar (to €401 on average in London and €176 in Rio). While London banned residents from putting their properties on Airbnb for the Games, Rio embraced the peer-to-peer rental platform as the official host of the city. It appears Paris officials will also allow people to rent out their flats through Airbnb and residents have already taken to Twitter to post their listings, often at extortionate prices. The Olympic Games might also have an impact on the housing market and prices are expected to rise as infrastructure and public transport are modernised. In Paris, a property developer has come up with a project enabling owners to manage their homes remotely through smartphones. Located in the 14th arrondissement, the development should be completed by mid 2018 and will boast a modern-looking façade with a pleasant interior garden. Owners will be given access to a system called Smart Home which will allow people to control any electrical equipment in their home from a distance. It is hoped the system will help households better control their energy use and therefore reduce bills.