I agree . I too come from Bexley and feel grateful for what we are being offered , it is not compulsory to BUY a NEW house and land package. There are still lots of properties for sale with in the cheaper price option That is what we are doing and I don't understand why others can not do the same. This has been a horrible time for everyone and definetly not what I would have chosen but being on a limited income there was no option.

After reading a mailer that come through the box, I want to tell the people in bexley I brought my home 8 months ago only because of the golf course on the back, i paid over gv because of the golf course which is why we brought it, my house is badly affected but as i see it unlucky they say we r green and will actually get to us when they can, I am in avondale and the pamphlet said u r looking for sections on the golf course, leave us alone and dont take anymore value from my home

This is an unfortunate situation for those in the position where they may have to move to an older existing house rather than build another modern house. Whilst I understand that, there are older houses in the western suburbs that are solid and affordable and on more stable land. In some countries there would be no offer to purchase land. We are very lucky here in NZ that the government is paying these people their 2007 valuation. If you look at the LIM reports for these Bexley houses you'll probably find that they say "liquefaction potential". A year ago nobody really knew what that meant, but when we looked at a property in the eastern suburbs prior to EQs our solicitor did explain what this meant. If you purchased one of these, then be grateful that someone else is now footing the bill for a risk that you took. Buyer beware if purchasing anywhere near water!

The difference between the Government offer and what I paid for my new house in Bexley is huge. I will lose thousands. I am an elderly disabled lady, with a mortgage to pay, due to being left on my own late in life. The GV was set in 2007 as the house was being built. I bought it in 2009 for more then the GV because I was told by 'someone' in the council offices that it would be readjusted in the 2010 valuations and I shouldnt worry until then. I have lost my home - it has been uninhabitable since Feb. 22nd. In any case it is in the red zone. Bexley was the only place within my price range when I moved to Christchurch in 2009 to be close to family. Now what do I do? I was and am fully insured for replacement value of my home but I cannot afford to buy a section with the incorrect GV in order to re-build. I remain, on the face of it, cheerful, and greatly contribute to the community. I am homeless. Rents for a similar property to the one I had are more then my mortgage re-payments are. I am not moaning and complaining, or whinging, just telling you how it is for some of us. :-)

To Karma'll get you,

Already lost my house, does that mean Karma will get you too?

If you believe that the market will crash and values are going to drop int the next few years, as many people do, then don't you think that, the government offer should then be quite fair? all the bexley residents have to do is wait for it to happen then walk in with their cash and buy another section at the most suitable value.

There are around 5,000 properties for sale in canterbury at the moment and a lot more sections being developed its really not going to be that hard over the next few years to find another property.

Im a bexley redzoner and Im now embarrassed to say so,straight away people think im going to whinge,what I dont get is why are redzoners thinking they deserve to come out of this with a freehold house we all had mortgages before,this isnt a lottery win,all ive heard is were not getting enough to buy land and build a brand new house,gee im sure we would all like a brand new house but thats not what you had before.just go out and buy a good house,yes they are still out there,and get over it.were lucky were getting anything at all.no other country would do what our govt is doing for us.I for one am very grateful

Tim #13 is correct and guess what? If the Government did something now it would create a precedent for every other future natural disaster. They are getting the 2007 valuation and it is fair. Not nice but a fair offer and if you don't like that, it is tangle with the Insurance Companies. I feel sorry for the people in the orange zone who are missing the present buying opportunities. The red zone folk may well be the lucky ones in this whole saga when history is written.

I'm in the green zone but right next door to the Bexley red zone. The value of my house has effectively plummeted if I could even get someone to buy it. Could I have the difference that I sell at (should some sucker buy it) compared to the RV on Sep 3 2010 so I maintain equity? Who's really got shafted here? God I wish I was red!

Dear not so bright of ChCh, If you continue support the screws being put on red zone people and allow them to be forced to pay inflated prices for land (NO, there are not 10,000 existing homes available in ChCh, look for yourselves!), YOU will be the ones who will lose out too in the end. The backside will fall out of the market in a couple of years and YOUR values will plummet as the market 'corrects'. So think on as you continue to spit and hiss and savage those who are facing the loss of their homes. You may reap what you sow.

Is thi guy nuts? The government has put up a plan, a descent plan. you get what you pay for, another handout should not be made available. people need to get hard,