Over the last few months Campbell Live has followed the plight of the elderly residents of the Kate Sheppard Retirement Village in Christchurch.
They were forced from their homes by February’s quake, and have faced stress and uncertainty about how much money they will get back.
Some of that uncertainty is now over - residents now know what money the village owner plans to return to them.
But why will it leave them worse off than others in the red zone?
The residents are being held to the letter of their 'license to occupy' contracts. It means they'll only get back around 75 percent of what they paid for their homes. For many it means they can't purchase a home equal to what they had.
Residents' contracts gave them the right to own their homes for the duration of their lives, or until they need to move into assisted care. But now their assets have liquefied.
Kate Sheppard will be the biggest EQC payout ever in New Zealand history. EQC is treating the village as a residential complex comprising of 150 dwellings.
So if it is residential, shouldn't they qualify?
Kate Sheppard isn't the only retirement village in the red zone. Nearby there's Avonview, and it doesn't want its residents to fall between the cracks.
Avonview is asking the Government to pay out the full value of residents units.
Avonview does differ from Kate Sheppard because it was still operational after February’s quake. It is the red zoning decision by the Government which is forcing its closure. But if Kate Sheppard land is covered under the red zone deal, will the owners pass any payment onto residents?
We don't know. The Buntings didn't return Campbell Live’s calls.
Canterbury earthquake recovery minister Gerry Brownlee has issued a statement to Campbell Live: "The normal EQC cover leaves people with licences to occupy in the residential red zone in an unfavourable position.
"The Government is looking at how it might deal with this issue given the obligation to provide a facility rests on the retirement village or rest home developer."
But Kate Sheppard's statutory supervisor who overseas the management of the village has indicated that residents contracts are terminated, therefore they're no longer owners and don't qualify.
Right now the only solution offered falls well short of what's equitable.
Watch the video to see resident’s reactions to the news.