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Showing posts with label OTT Kainga Ora apartment build costs. Show all posts
Showing posts with label OTT Kainga Ora apartment build costs. Show all posts

Thursday, October 17, 2024

David Farrar: How does a block of apartments cost so much?


The Herald reports:

A new Kāinga Ora complex has opened in Auckland at a cost of $1.2 million per apartment as one of New Zealand’s leading developers calls the state-run agency’s record of running up billions in debt a national scandal and embarrassment. …