An excellent piece by Sarah Miles. It is a must read! Link below.
It reflects the feelings of most of us building owners in the CBD. Most of us feel a deep sense of shame that the New Zealand government is treating its people like this. It is creating a deep sense of grievance not seen since the Maori land wars. A lasting legacy that we should be deeply concerned about. This is not “willing seller willing buyer.” This is compulsory acquisition to benefit the more wealthy sectors of the community.
Her comment about 3rd world tactics resonates strongly.
“The time has come when the Government/CERA has begun to ‘negotiate’ with land owners, both commercial and residential in the red zone in Christchurch, for the pieces of ground they will on-sell to big developers so that these corporates can create multi-million dollar shopping malls and precincts for their shareholders. It is clear that it will be the current owners of the land who will lose out. The Government’s ‘valuations’ for the land will leave many out of pocket. The Crown states that it is basing its ‘land settlements’ on market valuations, including ‘recent sales, the condition of the land, insurance, and location’. Most do not believe this to be the true picture.”
“What I am struck by here in Christchurch, is the lack accountability, lack of transparency and the incredible and spectacular lack of ‘diplomacy’. What is currently transpiring is far removed from agreed initial proposals for land acquisition and is so politically motivated as to be a subject of derision, were it not so serious. There is no doubt that it will also prove to be economically damaging to the people of Christchurch and to New Zealand’s image abroad- and let’s face it people are watching. The whole affair must be deeply embarrassing to those within government who are attuned to current economic realities, but are unable to prevent their ‘leader’ and the CERA boss from continuing to plot their current course. ‘Plot’ is probably the correct term!” Link Here: