Why would Christchurch want to waste money on a stadium?

Over at Newsroom there’s an article looking at the fact Christchurch has decided to use $220 million of the money the government gave to it for infrastructure projects to build a stadium.

It’s a real shame that hundreds of millions of taxpayer and ratepayer dollars keep getting shovelled into projects that really struggle to break-even, let alone generate a reasonable economic return.

I’d recommend having a look at Eric Crampton’s series of posts, over many years, looking at some of the evidence around why this may be a bad idea. 

The fact that politicians can engage in this sort of nonsense when there are far deeper problems still at play in Christchurch post-quake particularly around insurance, construction and EQC, shouldn’t be too unsurprising but it still hurts to see things like this happen time and time again.

When the Newsroom article highlights that only 20% of locals are happy with the state of the roads in Christchurch, perhaps there are higher priorities than sportsball shrines. 

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