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Research Papers, Lincoln University

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.

Images, UC QuakeStudies

Photograph captioned by BeckerFraserPhotos, "The ground floor of the IRD building on the corner of Cashel and Madras Streets, taken through the Madras Street window. The book market inside the building is almost undisturbed while next door, the CTV building collapsed.

Images, Alexander Turnbull Library

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).

Articles, Lost Christchurch

The moving of the Post Office from Market Square to its new site in Cathedral Square, was a significant development in Cathedral Square’s importance in Christchurch business and city life. Th…