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Research Papers, Lincoln University

The housing and mortgage market in Christchurch experienced significant changes since the 2011 earthquake, especially after the reconstruction of the city. The increasing speed of Christchurch average house price exceed the average house price of the whole country, as well as the number of new dwellings. By this regard, this study surveyed the households in Christchurch to analyze the effect of the earthquake on housing and mortgage market. This includes factors such as housing price, interest rate, government policy and socioeconomic factors in terms of age, gender, educational attainment, income, marital status and family life cycle. Logistic regression model is used to analyze the data. The study provides an overview of the housing market and mortgage market in Christchurch. The logistic regression, results show changes on sensitivity between the socio-economic factors and house purchase, as well as mortgage borrowing pre- and post-earthquake. The result indicates that the earthquake in Christchurch has affected households’ decision on house purchase and mortgage borrowing.

Images, UC QuakeStudies

A snapshot from GPS Boomerang's SmartBird flight over the Christchurch red zone on 5 June 2012, looking over Victoria Square with the Forsyth Barr Building, the Victoria Apartments and the PriceWaterHouseCoopers Building visible.

Images, UC QuakeStudies

Buildings seen through the cordon fence from Cathedral Square. From left to right are MFL House, the Forsyth Barr building, the PriceWaterhouseCoopers building, the Camelot Hotel and the Cathedral Square Police Station.

Images, UC QuakeStudies

A snapshot from GPS Boomerang's SmartBird flight over the Christchurch red zone on 23 December 2012, looking over Victoria Square with the Forsyth Barr Building and the Victoria Apartments visible. The PriceWaterHouseCoopers Building has been demolished.

Images, Alexander Turnbull Library

A passerby stops at an advertisement on the lawn outside a house which reads 'Sound commercial property - Christchurch $450,000' and comments to the owner that it 'seems a good buy'. The owner tells him that's 'the yearly rental'. Context - property and rental prices in Christchurch since the earthquakes of 4 September 2010 and 22 February 2011. Quantity: 1 digital cartoon(s).

Images, UC QuakeStudies

Photograph captioned by Fairfax, "Chris Lin and his wife Caleen Xue at the door of their cool store safe where they slept for three weeks after the 4 September earthquake to guard what was left of their stock, while their teenage children rented a single room in a house up the road for their safety".

Images, UC QuakeStudies

Photograph captioned by Fairfax, "Chris Lin and his wife Caleen Xue at the door of their cool store safe where they slept for three weeks after the 4 September earthquake to guard what was left of their stock, while their teenage children rented a single room in a house up the road for their safety".

Audio, Radio New Zealand

New Zealanders are paying too much for house and contents insurance, according to a new survey. Consumer NZ's price comparison survey shows climate and natural hazard risk is being factored in, and is more expensive than ever. Quotes for a large house differed by more than $3,000 across Auckland, Hamilton, Wellington, Christchurch, and Dunedin, and there's a more than $2,000 difference between the cheapest and most expensive policies on offer for a standard-sized house. If you live somewhere with a higher chance of earthquakes - such as Wellington or Christchurch - you'll be charged more for insurance. The cost of house and contents insurance has risen by 5.6% this year, over the past ten years it's gone up 150%. Kathryn is joined by Consumer NZ's Gemma Rasmussen and Katrina Shanks Chief Executive of Financial Advice New Zealand, which represents independent and professional financial advisors.

Audio, Radio New Zealand

Topics - The Mayor of Christchurch says he's confident the city council will speed up the processing of building consents and won't lose its authority to grant them. Are Christchurch's frustrations with the Earthquake Commission a result of some kind of misunderstanding. Media hype's being blamed for skyrocketing house prices in parts of Auckland.

Research Papers, Lincoln University

‘Housing affordability’ has been a term used to refer to a problem that arises when the costs of housing are seen as being unreasonably high in relation to incomes. In the United Kingdom and Australia the local town planning systems have been used to address housing affordability issues. This response in countries that share New Zealand’s town and country planning history raised the question for this research of the local government response to housing affordability issues in the city of Christchurch, New Zealand. This research was undertaken during the fifth year after the 2010/2011 Canterbury earthquake series. Research conducted by the Centre for Housing Research Aotearoa New Zealand and the New Zealand Productivity Commission present quite different pictures of the housing affordability problem, suggest different solutions and indicate different roles for levels of government, the community housing sector and the housing market. The research undertaken for this dissertation aimed to address the question of the role of the state, through the lense of a local response to housing affordability issues, in the context of a central government response focused on land supply and reforming the Resource Management Act 1991.

Audio, Radio New Zealand

It could be up to 18 months before 660 Christchurch homeowners know who will pay for earthquake damage repairs with a $1 billion price tag. The bill to fix houses in Christchurch that weren't repaired properly the first time round, or have suffered more damage in aftershocks, is climbing - and the government can't say who's liable. The problem is the homes have new owners who can't claim on theri insurance because the damage pre-dates them owning the home. Earlier Greater Christchurch Regeneration Minister Megan Woods told us the previous National government put no plan in place, and the current government is being left to pick up the pieces. Former Christchurch earthquake recovery minister Gerry Brownlee disputes the issue.

Images, UC QuakeStudies

A digitally manipulated image of the Gap Filler Monopoly board square on Manchester Street. The photographer comments, "On the site of a demolished earthquake damaged building in Christchurch, New Zealand is a Monopoly game square for giants. The Gap Filler Project makes the bare land where once a building once stood into something both interesting and unique and this time they created a massive Monopoly board square. In the game of Monopoly you move your player with a dog, shoe or maybe the hat, but as the most common thing in the City are diggers they have the placed one on the square. There are also two houses on Manchester Street, which is priced at $240".

Audio, Radio New Zealand

A review of the week's news including... New questions are raised by leaked video footage showing a robot and two workers inside the Pike River mine just months after the 2010 disaster, fresh happy faces in the newly announced Labour list line up, the country's two biggest media companies have been given a strong message from the regions after their proposed merger is knocked back, a full biosecurity operation launched in Kerikeri, Wellington house prices soar, a helicopter pilot describes his crash north of Wellington as 'frightening', women in the Mongrel Mob say there is now less violence towards women, a review of the Kaikoura earthquake reveals it generated a tsunami of nearly 7 metres, the most annoying driving habits on Christchurch roads and one half of a champion rowing crew is surprised by the other half's retirement announcement.

Research papers, Victoria University of Wellington

<b>New Zealand has a housing crisis. High land prices and high construction costs have all contributed to unaffordable housing. Additionally, the New Zealand dream of the "quarter acre section" lifestyle that has encouraged urban sprawl throughout our major cities with increasingly unsustainable services, transport and road costs. New and exciting housing options need to be explored for urban areas. </b> Christchurch is a city in New Zealand where urban sprawl has always been prevalent. In the wake of the 2010/2011 earthquakes sprawl increased further, relocating large suburban areas yet further away from the city centre. This has caused a greater reliance on cars, and a slower revival to the city. Historically there is an aversion to higher density living. Perceived desirability is a large factor. The medium to high density solutions produced thus far have little regard for the concept of "home", with the use of substandard materials, and monotonous and repetitive design, and essentially falling short of addressing the needs of New Zealand's increasing population. "A Home with a View" looks to address the needs of New Zealanders and Christchurch, through the individual tower-house within an overarching tower-housing neighbourhood development. The design as research thesis develops a medium density tower-housing neighbourhood as a mini city-scape, through the exploration of the tower-house as an intimate space to live and observe from. Tower-housing has the potential to create a delightful, lively neighbourhood environment that contributes to quirky, new, and exciting housing options for New Zealand. The tower-house creates desire through unconventional lifestyle and highlights engaging solutions to an individual vertical housing type.

Research Papers, Lincoln University

"Prior to the devastating 2010-2011 Canterbury earthquakes, the city of Christchurch was already exhibiting signs of a housing affordability crisis. The causes and symptoms were similar to those being experienced in Auckland, but the substantial damage to the housing stock caused by the earthquakes added new dimensions and impetus to the problem. Large swathes of the most affordable housing stock in the east of the city were effectively destroyed by the earthquakes. In itself this would have pushed the mean house price upwards, but compounding problems exacerbated the situation. These include the price effects of reduced supply of both rented and owned housing and increased demand from both displaced residents and an influx of rebuild workers. The need for additional temporary housing while repairs were undertaken and the associated insurance pay-outs bidding up rents with improved rental returns leading to increased interest in property investment. Land supply constraints and consenting issues inhibiting the build of new housing and political infighting and uncertainty regarding the future of parts of the city leading to a flight of development activity to peripheral locations and adjoining local authorities. Concerns that the erosion of the city council rating base combined with inadequacy of insurance cover for infrastructure will lead to large rates increases, increased development costs and reduced amenities and services in future years. These and other issuers will be elaborated on in this paper with a view to exploring the way forward for affordable housing Christchurch City."

Images, Alexander Turnbull Library

Prime Minister John Key drives a tractor to which is attached a crane and a huge demolition ball in the shape of MP Gerry Brownlee's head; the ball smashes against a historic building bringing stone pediments down. Context - Gerry Brownlee, who is Earthquake Recovery Minister, has caused a stir by suggesting that if he had his way some of Christchurch's older buildings would be "down tomorrow". He also said the price of saving some historic buildings badly damaged in the February 22 earthquake was too high. People had died in the quake because of attempts to save historic buildings badly damaged in the September 4 quake. Brownlee said he had no regrets despite the stir his comments caused - but he was annoyed by suggestions the Cathedral and Riccarton House were among buildings he thought should be bowled. He believed those buildings should be saved, and they would be. "I'm not a philistine; I was chairman of the trust that actually saved Riccarton House from the bulldozers in 1990. "I understand conservation architecture very well and I do have an appreciation of heritage buildings." Original cartoon held at A-474-048 Quantity: 1 digital cartoon(s).

Images, Alexander Turnbull Library

The cartoon shows a monstrous machine with an enormous crushing ball attached to a giant crane. It moves past a signpost that points towards Christchurch. A man watches and tells his friend 'Gerry Brownlee borrowed it from Auckland! Context - Brownlee has caused a stir by suggesting that if he had his way some of Christchurch's older buildings would be "down tomorrow". He also said the price of saving some historic buildings badly damaged in the February 22 earthquake was too high. People had died in the quake because of attempts to save historic buildings badly damaged in the September 4 quake. Brownlee said he had no regrets despite the stir his comments caused - but he was annoyed by suggestions the Cathedral and Riccarton House were among buildings he thought should be bowled. He believed those buildings should be saved, and they would be. "I'm not a philistine; I was chairman of the trust that actually saved Riccarton House from the bulldozers in 1990. "I understand conservation architecture very well and I do have an appreciation of heritage buildings." Colour and black and white versions available Quantity: 2 digital cartoon(s).

Images, Alexander Turnbull Library

Text reads 'Pet of the day... ' Below is a notice tacked to a wall which has an image of a cat wearing spectacles on it. Text reads 'LOST. Large moggy, last seen roaming in Christchurch. Answers to the name of "Gerry" or "Dinners ready". Has a loud purr, looks cuddly but can turn...' Context: This is a reference to Gerry Brownlee, the Minister for Earthquake Recovery. When National announced its offer based on the 2007 rating valuation to red-zone property owners on 23 June, Gerry Brownlee specifically told people who had made improvements between the time of the valuation and the September quake to 'keep their receipts'. The offer from CERA dated August 19 now says quite clearly that people can only seek an adjustment to the purchase price if the rating valuation is based on an incorrect floor area, or if 'you have received a code compliance certificate for consented building work undertaken after the rating valuation and that work increased the floor area of your house'. (Voxy - 23 August 2011) Quantity: 1 digital cartoon(s).

Audio, Radio New Zealand

1. PHIL TWYFORD to the Minister for State Owned Enterprises: What reports, if any, has he received about KiwiRail's plans to get rid of electric locomotives on the North Island Main Trunk Line and replace them with diesel locomotives? 2. JULIE ANNE GENTER to the Minister for State Owned Enterprises: Is he considering replacing the electric locomotives with diesel locomotives on the Main Trunk Line, and would this mean removing electrification on that line. 3. DAVID BENNETT to the Minister of Finance: What reports has he received on the New Zealand economy and business sentiment? 4. Rt Hon WINSTON PETERS to the Minister for Primary Industries: Does he believe the Dairy Industry Restructuring Amendment Act 2012 has achieved &quot;a stable, permanent capital base for the Co-operative, secures our future and will support progress with our strategy to grow volumes and value&quot;; if so, why? 5. MATT DOOCEY to the Minister for Social Development: What announcements has she made to improve statutory child protection in New Zealand? 6. Dr DAVID CLARK to the Minister for Economic Development: What lessons, if any, on regional economic development has he drawn from his recent ministerial visits to Northland? 7. CATHERINE DELAHUNTY to the Minister for State Owned Enterprises: Will he stop any further work on dairy conversions by Landcorp, in light of the drop in the dairy price yesterday and concerns about the impact that those conversions will have on water quality; if not, why not? 8. MARK MITCHELL to the Minister of Trade: What recent steps has the Government taken to promote and support New Zealand exporters? 9. Hon DAVID PARKER to the Minister of Trade: What monetary and other assistance was provided by the New Zealand Government in support of his bid for appointment as Director-General of the World Trade Organisation? 10. BARBARA KURIGER to the Minister for Small Business: How are small businesses benefiting from the Better for Business - Result 9 Programme? 11. POTO WILLIAMS to the Minister for Social Housing: Why are Christchurch's social housing organisations facing increased homelessness four years after the last major earthquake? 12. MAHESH BINDRA to the Minister of Corrections: Does he stand by all his answers given to the House on 1 April 2015?

Audio, Radio New Zealand

GRANT ROBERTSON to the Minister for Tertiary Education, Skills and Employment: Does he stand by his statement that the Household Labour Force Survey is &quot;the standard internationally recognised measure of employment and unemployment&quot;? PAUL GOLDSMITH to the Minister of Finance: What recent reports has he received on the economy? Dr KENNEDY GRAHAM to the Minister for Climate Change Issues: Does he stand by the answer given by the Minister of Finance to the question &quot;Does he accept that human-induced climate change is real?&quot; that &quot;It may well be&hellip;&quot;? Hon DAVID PARKER to the Minister of Finance: Given that unemployment is rising, exports are down, and house price inflation in Auckland and Canterbury is in double-digits, does he agree that after 5 years as Finance Minister he has failed to rebalance and diversify the economy; if not, why not? JOHN HAYES to the Minister of Trade: What efforts is the Government making to deal with the market effects of the possible contamination of some Fonterra diary exports? Hon SHANE JONES to the Minister for Economic Development: What action has he taken to ensure high value jobs are retained in Otago, Waikato, Northland, East Coast and Manawatu? KEVIN HAGUE to the Minister of Health: Exactly how many of the 21 recommendations to the Minister in the 2010 Public Health Advisory Committee Report The Best Start in Life: Achieving effective action on child health and wellbeing has he implemented? JACQUI DEAN to the Minister for Food Safety: What update can she provide the public on the safety of infant formula? Hon DAMIEN O'CONNOR to the Minister for Primary Industries: Does he stand by all his statements? NICKY WAGNER to the Minister for Building and Construction: What reports has he received following the Government's announcement of a new earthquake-prone building policy? RICHARD PROSSER to the Minister for Primary Industries: What reports, if any, has he received regarding the regeneration of fish stocks in the Snapper 1 fishery? Dr DAVID CLARK to the Minister for Economic Development: Does he agree with Dunedin Mayor Dave Cull that &quot;Central government needs to understand we can't have a &hellip; two-speed economy where Christchurch and Auckland are ripping ahead and the rest of the regions are withering&quot;; if not, why not?