A Reading deal that doesn’t cost ratepayers

08 Jan 2025 Leave a comment

by Jim Rose in economics of bureaucracy, entrepreneurship, industrial organisation, law and economics, politics - New Zealand, property rights, Public Choice, rentseeking, survivor principle

NewstalkZb reports: The derelict Reading Cinema complex on Wellington’s Courtenay Place has finally been sold, with a local developer snapping up the 1.5-hectare plot. The property was at the centre of a controversial deal between Wellington City Council and Reading International last year, after the council tried to buy the land under the quake-prone building […]

A Reading deal that doesn’t cost ratepayers

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