06-12-2024, 06:25 PM
(06-12-2024, 09:16 AM)danbrotherston Wrote: This is exactly the problem here. And it's not just governments...it's large organizations of every kind. The kind of paranoia around risk that I experienced at the bank is hilarious. But the biggest problem is that they have no idea how to actually measure risk, at the bank or in the gov...they believe if they do nothing and stand very very still nothing bad can happen. They fail to realize that the world is also in motion, even standing still, you'll eventually get knocked over.
That works for avoiding some wild animals right?
(06-12-2024, 10:41 AM)panamaniac Wrote: Is it paranoia around risk or trying to maximize revenue (i.e. is the full parcel more valuable to developers than the sum of portions of it?)?
I dunno, I would think that the full parcel is subject to "bulk discounts" and the city would actually get less for that and more for selling in smaller pieces because more developers can bid for the smaller pieces.
(06-12-2024, 04:31 PM)nms Wrote: I guess we could also convince a billionaire to ask the City for massive tax break to build a stadium for a sports team. That seems to be about the only "big picture" risk that cities are willing to make these days.
Sports stadiums and convention centres. So many new convention centres in NZ, some people can only think of those for increasing tourism to cities or something. Fundamental lack of vision.