‘Sell Ti­tahi Bay coun­cil flats for $1’

Kapi-Mana News - - OPINION -

Ian of Tawa: The coun­cil doesn’t have the money to up­grade and main­tain the flats. Pri­vate own­ers might but as the coun­cil wants in­vest­ment in the prop­er­ties and keep rents low for the el­derly, they are sug­gest­ing sell­ing for $1.

It doesn’t make sense? Pri­vate en­ter­prise can pro­vide cheaper ser­vices than the public.

Grey­beard: Maybe the coun­cil should first: 1. Pub­lish the cur­rent mar­ket value of the flats. 2. Pub­lish the an­nual main­te­nance costs for (say) the last eight years. This would give the ratepay­ers some ba­sic facts. Then 3. Meanstest the tenants. 4. Set rents at ap­pro­pri­ate rates.

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