PHOTO: Rottenomics
The author of a new book about New Zealand’s leaky building disaster says the previous estimated cost to the country is wrong and is probably twice the amount.
Previous estimates have suggested the cost was between $11 billion and $23 billion dollars, however, Peter Dyer says a report that was never released by the Government highlights a discrepancy between what the original estimate was, and that the figure was probably more like $47 billion.
Mr Dyer wrote the book Rottenomics which talks about the “real cost” of the leaky building disaster.
He says a Government-commissioned report in 2014 that was never released didn’t ask for a dollar estimate and only asked about the number of leaky homes.
