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Govt buys into GV house value myth for Christchurch residents

News is starting to filter out about the Government’s plans to pay out Christchurch residents who have had their homes irreparably damaged in the continuing earthquakes and aftershocks. One article in the NZ Herald suggests that insured Christchurch residents in areas worst affected by earthquakes will be able to sell their properties at 2007 values [...]

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The potential impact of the Christchurch earthquake tragedy on the Official Cash Rate

A lot can certainly happen in a month. It was only a few weeks ago that I discussed the possibility of interest rates remaining as they are until at least mid-2011 or possibly until September. However, last week’s tragedy in Christchurch has sparked several reports in the press speculating as to the impact of the [...]

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Earthquakes and Real Estate – how the quake has affected the Canterbury house mkt

This is REALLY good stuff. Alistair has outdone himself this time. If you haven’t subscribed to his blog then visit unconditional.co.nz and join up to receive monthly market updates and analysis. Straight from the blog itself……. A week has now passed since the devastating 7.1 scale quake rocked the Canterbury landscape and brought untold damage [...]

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