Quake-ravaged Kaiapoi's future uncertain

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Mon, 15 Aug 2011 7:00p.m.

Much of Kaiapoi's future is still undetermined

Much of Kaiapoi's future is still undetermined

Over coming months more than five thousand red-zoned families in Christchurch will be house hunting - looking for homes to replace what the government has written off.

Just north of Christchurch in Kaiapoi, real estate agents are already talking about a buying frenzy. City red zoners, knowing they will be paid out, are snapping up available properties.

But much of Kaiapoi's future is still undetermined. It is still zoned orange, these residents are in limbo.

And while they wait, they wonder - by the time they get a decision, will there be any homes left to buy in their own town?

Reporter John Sellwood visied Kaiapoi.

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Comments

16 Aug 2011 10:32a.m.

Steve wrote:

Pam, I understand your coments, but what we have here is a 'supply and demand' situation with properties. One is also thinking that we have greedy vendors. John, the subtle advertising for 'Mike Pero Real Estate'. Why do we need to see this? It like having to watch the ad for power saving or cars prior to watching a video.

16 Aug 2011 08:01a.m.

Pam Bultitude wrote:

At least Kaiapoi are on CERA's to-do list. Halswell has a stack of orange-zoned properties, most of the school was demolished after September, and we don't even feature on the 5 month timeline CERA have published. Still no news on the demise of our school.

Where will we all go - even if our land turns green our houses have extensive damage and maybe demolished. If the houses are repaired, we will need to move out for up to 12 months while they get pulled apart and repaired. Like Kaiapoi, this is our suburb, we love it here, our kids go to school here, but the unaffected houses and sections are getting snapped up as soon as they go on the market. Real estate prices are skyrocketing but red zoned and orange zoned (or white zoned for that matter) people will not get offered more money to replace there damaged property, relative to the hike in prices.