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ajw



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  Reply # 484780 23-Jun-2011 07:59
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If the media are to be believed the government is going to spend another $1.5billion today buying people out of their houses in the worst hit suburbs of Christchurch.

ajw



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  Reply # 484781 23-Jun-2011 08:06
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No guarantee assets will stay in Kiwi hands - Ryall
http://www.nbr.co.nz/article/no-guarantee-assets-will-stay-kiwi-hands-ryall-ck-95792


 
 
 
 


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  Reply # 484788 23-Jun-2011 08:31
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ajw: If the media are to be believed the government is going to spend another $1.5billion today buying people out of their houses in the worst hit suburbs of Christchurch.


Well, a good chunk of that will be paid back by the home owners insurers and the EQC so wull be interesting to see what the correct end figure is 

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  Reply # 484791 23-Jun-2011 08:35
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TheUngeek:
ajw: If the media are to be believed the government is going to spend another $1.5billion today buying people out of their houses in the worst hit suburbs of Christchurch.


Well, a good chunk of that will be paid back by the home owners insurers and the EQC so wull be interesting to see what the correct end figure is 


What about the large number of people that take pot luck that do not insure their properties and why are the insurance companies and EQC taking so long to pay out. Why is it always left to the government to do the financial bailouts.

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  Reply # 484792 23-Jun-2011 08:38
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mattwnz:
alasta: The problem with supporting the Greens is that you'll end up with a Green/Labour coalition which will continue to grow the government bureaucracy and accept people having children that they can't afford. 


If it's not a Green/Labour coalition then it'll be a Green/Labour/Mana/Maori/United/NZ First coalition. Actually, that could be quite fun. 


 

I would be far happier to vote green, if they had a policy to support the current government, whoever that be. A bit like the Maori party. I do like some of their policies.


The Greens are the new communist party.

It's always good to have a party like them around though.  Every so often they have some good points to make, although I would never see them in government myself. 

 

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  Reply # 484797 23-Jun-2011 09:01
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ajw:
TheUngeek:
ajw: If the media are to be believed the government is going to spend another $1.5billion today buying people out of their houses in the worst hit suburbs of Christchurch.


Well, a good chunk of that will be paid back by the home owners insurers and the EQC so wull be interesting to see what the correct end figure is 


What about the large number of people that take pot luck that do not insure their properties and why are the insurance companies and EQC taking so long to pay out. Why is it always left to the government to do the financial bailouts.


Why would you expect to get paid out if you don't have insurance? 
It's hardly a simple job... How much do you think the work load for the insurance staff has increased? 
If poo happens, the government steps up. Which is more than happens in a lot of countrys!

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  Reply # 484799 23-Jun-2011 09:07
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TheUngeek:
ajw:
TheUngeek:
ajw: If the media are to be believed the government is going to spend another $1.5billion today buying people out of their houses in the worst hit suburbs of Christchurch.


Well, a good chunk of that will be paid back by the home owners insurers and the EQC so wull be interesting to see what the correct end figure is 


What about the large number of people that take pot luck that do not insure their properties and why are the insurance companies and EQC taking so long to pay out. Why is it always left to the government to do the financial bailouts.


Why would you expect to get paid out if you don't have insurance? 
It's hardly a simple job... How much do you think the work load for the insurance staff has increased? 
If poo happens, the government steps up. Which is more than happens in a lot of countrys!


I would suggest that  the only reason the government is being pro-active is because this is an election year and a cynical way of buying votes. And human nature dictates that people who haven't insured their properties will still expect a payout.

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  Reply # 484802 23-Jun-2011 09:10
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That's a rather cynical view!
Well, they are in for a wake up call!

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  Reply # 484814 23-Jun-2011 09:31
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TheUngeek: That's a rather cynical view!
Well, they are in for a wake up call!


Slightly off topic but due to monotonous regularity of earthquakes in the Canterbury region since September 2010 how long before insurance companies will refuse to insure people who wish to rebuild.
These quakes could go on for years.  

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  Reply # 484862 23-Jun-2011 10:22
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ajw:
TheUngeek: That's a rather cynical view!
Well, they are in for a wake up call!


Slightly off topic but due to monotonous regularity of earthquakes in the Canterbury region since September 2010 how long before insurance companies will refuse to insure people who wish to rebuild.
These quakes could go on for years.  

They won't refuse they'll simply 'adjust the premiums'.
And building code changes will make new buildings more stable. This also overcomes insurance company and building owner concerns. (cost of building will raise though).
Whether we (as a country) are allowed to continue to have land coverage thru insurers (like EQC) is another issue, and probably part of the ongoing negotiations with insurers and gvt. Not every country has this luxury.


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  Reply # 484958 23-Jun-2011 12:49

oxnsox:
ajw:
TheUngeek: That's a rather cynical view!
Well, they are in for a wake up call!


Slightly off topic but due to monotonous regularity of earthquakes in the Canterbury region since September 2010 how long before insurance companies will refuse to insure people who wish to rebuild.
These quakes could go on for years.  

They won't refuse they'll simply 'adjust the premiums'.
And building code changes will make new buildings more stable. This also overcomes insurance company and building owner concerns. (cost of building will raise though).
Whether we (as a country) are allowed to continue to have land coverage thru insurers (like EQC) is another issue, and probably part of the ongoing negotiations with insurers and gvt. Not every country has this luxury.





Buildings and contents will still be damaged, as new buildings aren't earthquake proof. They are just designed not to fall down, to preserve life. But they will still suffer damage, which could be so bad that thy may too need demolishing. There was a brand new commerical building that has just been fitted out, that has suffered damage so bad that it looks like it may need to be demolished.

Personally if I lived, and had to remain living in Chch, I wouldn't start rebuilding until everything has settled down, which could be a few years away.  

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  Reply # 485014 23-Jun-2011 13:31
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robbyp: Personally if I lived, and had to remain living in Chch, I wouldn't start rebuilding until everything has settled down, which could be a few years away.


And what would you do in the meantime? Put your whole life on hold for several years?

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  Reply # 485082 23-Jun-2011 15:56
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alasta:
robbyp: Personally if I lived, and had to remain living in Chch, I wouldn't start rebuilding until everything has settled down, which could be a few years away.


And what would you do in the meantime? Put your whole life on hold for several years?


That's why leaving is a good option. We don't know that old volcano under the Port Hills isn't coming back to life. Look at the cluster of quakes the past 2 weeks. Almost entirely under the north and eastern sides of the old crater.  




____________________________________________________
I'm on a high fibre diet. 

 

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  Reply # 485086 23-Jun-2011 16:03
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Wow googling christchurch volcano brings up some interesting tin-foil-hat type sites!!
Including some referring to Mount Cook as a volcano! lol



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  Reply # 485182 23-Jun-2011 21:02
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Linuxluver:
alasta:
robbyp: Personally if I lived, and had to remain living in Chch, I wouldn't start rebuilding until everything has settled down, which could be a few years away.


And what would you do in the meantime? Put your whole life on hold for several years?


That's why leaving is a good option. We don't know that old volcano under the Port Hills isn't coming back to life. Look at the cluster of quakes the past 2 weeks. Almost entirely under the north and eastern sides of the old crater.  

Moving magma would have a different seismic signature, and give plenty of warning.  (plenty being a relative term... days of warning rather than none)

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