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Speaker 1: Now the Dixon Street building debarkle. I'm thinking to myself

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Speaker 1: yesterday afternoon that the Dickson Street building debarcle surely allows us

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Speaker 1: to ask some questions that the treaty process doesn't it

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Speaker 1: if you missed it, Dixon Street Departments, Wellington sold for

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Speaker 1: a million dollars to Local mari under their treaty deal.

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Speaker 1: The treaty deal had a first right of refusal clause.

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Speaker 1: Now my assumption, clearly incorrectly is you would get first

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Speaker 1: right of refusal based on the idea that something of

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Speaker 1: cultural or historic significance was coming to the market, and

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Speaker 1: as local EWE, you wouldn't want to miss that opportunity.

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Speaker 1: I didn't realize this was a commercial free for all

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Speaker 1: where anything in everything for sale goes to Local Mariy first. Further,

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Speaker 1: I had assumed, clearly wrongly again that in having a

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Speaker 1: first writer of refusal, that meant the long lost treasure,

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Speaker 1: whether historic or cultural, would be returned to SAIDI we

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Speaker 1: to be honored and looked after imperpetuity, not flecked off

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Speaker 1: a quick profit. So obviously nothing like that is remotely

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Speaker 1: part of the treaty deal. So first question, why not?

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Speaker 1: Next question is if it isn't is it commercially acceptable

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Speaker 1: to have a race based clause when it comes to

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Speaker 1: real estate? And even if it is, is it commercially

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Speaker 1: acceptable to sell stuff cheap for If you haven't followed

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Speaker 1: the story, five minutes after buying the building for a

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Speaker 1: million bucks, the new owner sold it for three million.

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Speaker 1: So under a special deal signed for on our behalf

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Speaker 1: by our government, we the taxpayer, lose two million dollars

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Speaker 1: on one building. Next question, how could a Crown agency

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Speaker 1: I Eking Aura think a million dollars was a good

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Speaker 1: price for something that was clearly worth three million? And

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Speaker 1: in that is the problem, of course, of not involving

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Speaker 1: the free market. Next question, did anyone involved in the

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Speaker 1: cloistered deal know what they were doing? And if not,

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Speaker 1: given its taxpayer's dosh, why not? Another question? Was the

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Speaker 1: treaty process designed so tribes could get into the real

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Speaker 1: estate speculation? At what point was a treaty settlement about

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Speaker 1: putting past wrongs right versus turning tribes into speculators. This

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Speaker 1: was a bad deal. The original owners of Dixon Street

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Speaker 1: I US got stiffed and we got stiffed because of

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Speaker 1: a race based real estate clause that arguably should never

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Speaker 1: been part of an historic arrangement in the first place.

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Speaker 1: Final question, what are we going to do about it?

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Speaker 1: Or more worryingly, is there anything we can do about

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Speaker 1: it at all? For more from the Mic Asking Breakfast,

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Speaker 1: listen live to News Talks at B from six am weekdays,

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Speaker 1: or follow the podcast on iHeartRadio.