Implementing seismic risk mitigation is a major challenge in many earthquake prone regions. The objective of this research is to investigate how property investment market practices can be used to enhance building owners’ decisions to improve seismic performance of earthquake prone buildings (EPBs). A case study method adopted, revealed the impacts of the property market stakeholders’ practices on seismic retrofit decisions. The findings from this research provide significant new insights on how property market-based incentives such as such as mandatory disclosure of seismic risks in all transactions in the property market, effective awareness seismic risk program and a unified earthquake safety assessment information system, can be used to enhance EPBs owners seismic retrofit decisions. These market-based incentives offer compelling reasons for the different property market stakeholders and the public at large to retain, care, invest, and act responsibly to rehabilitate EPBs. The findings suggest need for stakeholders involved in property investment and retrofit decisions to work together to foster seismic rehabilitation of EPBs.
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.
It was hard to avoid sinking up to your knees in wet weather in Market Square in 1862. This panoramic photograph shows Christchurch’s Market Place (later renamed Victoria Square) the damp ge…
The NZ dollar has tumbled and the stock market has fallen.
Local market at the RSA.
Photograph captioned by Fairfax, "Lyttelton Farmers Market".
An entry from Ruth Gardner's blog for 21 May 2011 entitled, "Market Moved".
The founders of a post-quake farmers market in Christchurch have taken the idea to Kaikoura, and has set up shop in the earthquake hit town.
A graph showing the market share of major global reinsurers.
A video clip of a vintage market on Manchester Street. The market was part of CityUps - a 'city of the future for one night only', and the main event of FESTA 2014.
Graphs showing changes in economic activity, prices, and the labour market.
Shoppers at the community market at the New Brighton Pedestrian Mall.
Shoppers at the community market at the New Brighton Pedestrian Mall.
Shoppers at the community market at the New Brighton Pedestrian Mall.
Financial markets have backtracked on expectations of an interest rate cut by the Reserve Bank in the wake of the Christchurch earthquake. Economics correspondent, Nigel Stirling, reports.
A photograph of buttons and other objects for sale on a market stall at the Gap Filler Fun Fair.
A page banner promoting an article about the real estate market after the earthquakes.
Photograph captioned by Fairfax, "Lyttelton Farmers Market two weeks after the 7.1 quake".
Today on the blog we’re talking about an exciting project that we’ve been involved with over the past few months. In 2013 the Ashburton District Council took over stewardship of the Ng King Brothers Chinese Market Garden Settlement on Allens … Continue reading →
Today on the blog we’re talking about an exciting project that we’ve been involved with over the past few months. In 2013 the Ashburton District Council took over stewardship of the Ng King Brothers Chinese Market Garden Settlement on Allens … Continue reading →
A photograph of the front porch of Donna Allfrey's house at 406 Oxford Terrace. A sign on the porch reads, "Avon Loop Harvest Market".
The Canterbury earthquake has pushed up the cost to the government of borrowing on world markets.
More than 18 months since the Canterbury earthquakes the rental property shortage continues to worsen, and there are predictions it won't be easing anytime soon.
A map showing the location of a new pop-up market, cinema and art studio in New Brighton.
ACT leader Rodney Hide stands alone in the middle of a blasted plain that was once the 'Christchurch CBD' and says 'A level playing field, excellent. Now we can leave the rest to the market'. Context - Christchurch after the earthquakes of 4 September 2010 and 22 February 2011. ACT explicitly promotes a free market philosophy - a (literal) level playing field in the Christchurch CBD sounds like an excellent opportunity to test the powers of the free market. Quantity: 1 digital cartoon(s).
News from the business sector focusing on the impact of the Christchurch earthquake, the bulletin includes a market report.
Photograph captioned by Fairfax, "Christchurch earthquake. Dallington Discount Market on the corner of Gloucester and Woodham Streets being demolished".
Photograph captioned by Fairfax, "Christchurch earthquake. Dallington Discount Market on the corner of Gloucester and Woodham Streets being demolished".
Photograph captioned by Fairfax, "Christchurch earthquake. Dallington Discount Market on the corner of Gloucester and Woodham Streets being demolished".
Site set up to market Christchurch businesses after the Christchurch earthquake. Directory entries of Christchurch businesses arranged by business type.