Mike's Minute: Real estate deals shouldn't be race-based

The Dixon Street building debacle surely allows us to ask some questions of the Treaty process.

If you missed it, Dixon St Apartments sold for a million dollars to local Māori under their Treaty deal – the Treaty deal had a first right of refusal clause.

David Farrar: Kainga Ora scams themselves

The Herald reports:

Iwi flipped Wellington’s Dixon Street flats for just over $3 million, less than three weeks after buying the block from Kāinga Ora for almost a third of the price.

Good on the iwi – they made $2 million. Bad on Kainga Ora for being stupid.