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Old 09-13-2017, 11:10 AM   #992
simmer2
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Quote:
Originally Posted by nfotiu View Post
Can you provide some evidence there is some value? This study suggested it was a negative value:

https://www.marketplace.org/2015/03/...winners-cities
And that study was likely paid for by the city...you can have a study say what you like depending on the result you want to present.

I've read that article before and there are no 'facts' presented in this study, nly economic academics conjecturing a very flawed statement that folks would move their entertainment dollars elsewhere.

For me, I spend a significant amount of my entertainment dollars on hockey. If it wasn't there, I'm not replacing all that money spent with something else because hockey is what I want to watch. I'm not going to a movie every other night for a week and I'm not going out to eat every other night for a week.

To say there would be no economic benefit to doing this I think is fundamentally wrong. But...assuming there is no incremental economic benefit to a stadium, just building a stadium and revitalizing an area will produce a tremendous amount of construction jobs. is that not an economic benefit that Liberal and NDP governments tend to put forth? It's what they run their platforms on for the most part.
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