Saturday, September 05, 2009

Spending other people's money

$400,000 for a public toilet in Wellington.

Isn't it easy spending what you have never earned!

Apparently, the going rate for a toilet block is $100k

I wonder what that works out to per square meter, considering a basic house costs $800-1000.

UPDATE:

I'm told that house costs are more like $2-2.5k per metre. I was working on Wairarapa prices quoted a few months ago.

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