Private vs. Public Investments for Infrastructure: The Constant Battle
Recently, I discussed why a private investment in building the Seattle arena made sense for the major parties involved (especially the citizens). I have been involved in many heated discussions about why public investments in arenas/stadiums are very frustrating but won’t get to deep into that right now. The main conclusion is that either the city that has the team will cough up the money or the owner will relocate to a different city since the city officials are willing to pay the cost of having the team. The owners will always have the power to have public investment unless there is Continue reading Private vs. Public Investments for Infrastructure: The Constant Battle