An insurance nightmare is looming for thousands of New Zealand property owners who’ve invested in buildings with reinforced concrete slabs built since 2012. There may also be serious repercussions for property prices in Auckland, and other areas with grossly over inflated values, if buildings become uninsurable because of the presence of sub-standard steel reinforcing. The…
Over a year ago we picked up on the story of Paul and Linda White, a British couple who’d lived in NZ for 8 years and bought a house in Whangaparaoa, Gulf Harbour (Read Leaky Homes Issues and Stitched-Up Migrants. The White’s had relocated from Barton-le-Clay outside Luton and worked in London, arriving in New…
One of the most common problems that migrants from developed countries encounter in New Zealand is the condition of the houses. Almost all of them are wooden framed and range from quaint old Kauri villas to brand new million dollar mansions and there are often problems associated with dampness, poor weather tightness (‘leaky building’) lack…
One of the most common problems that migrants from developed countries encounter in New Zealand is the condition of the houses. Almost all of them are wooden framed and range from quaint old Kauri villas to brand new million dollar mansions and there are often problems associated with dampness, poor weather tightness (‘leaky building’) lack…
Today’s newspaper The Press is carrying an article that says that the owners of some earthquake damaged houses in the Christchurch area will receive no compensation for the drop in value of their homes. The situation is leaving some people with mortgages that are greater than the value of their homes. To add insult to…
E2NZ.org 
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