Where’s the action in Canterbury?
A BRANZ analysis of building activity in Christchurch shows that, while a lot of minor repair work has been carried out, work needing a building consent is only now ramping up.
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A BRANZ analysis of building activity in Christchurch shows that, while a lot of minor repair work has been carried out, work needing a building consent is only now ramping up.
Predictions for a doubling of peak 2006 workloads to rebuild Christchurch may not be fulfilled due to resource contraints, but some trades are reported to be receiving above average pay rates.
The estimated repair bill for the Christchurch rebuild is a moveable feast, given the continuing number of aftershocks. No matter what the cost, the availability of skilled labour is of great concern.
The seismic strengthening of New Zealand’s commercial buildings will place a heavy financial burden on building owners. In some cases, the high costs may make it unaffordable.
The earthquakes left a lasting impact on the Christchurch housing market. An early shortage of houses and rising rents has levelled out, and the city is experiencing population growth and stable housing prices.