Tag Archives: Speculative building

Old home town looks the same?

### ODT Thu, 04/06/2009 (page 10)
Letters to the editor
By Bill Julian, Haitaitai

Is it true that the ratepayers of Otago are financing a grass-floored stadium which has no signed-and-sealed tenants; in other words a building being built on spec, for a cost of millions of dollars? If this is indeed so, whatever has happened to the mindset of the (erstwhile) most prudent investors in New Zealand? The mind boggles. This, surely, cannot be the town in which I grew up.

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Filed under Architecture, Economics, Geography, Hot air, Politics, Stadiums