Last week, February 22nd rolled around. This was a significant date in the Cutler-Welsh household thirteen years ago when our house was located close to the Avon River in Christchurch. While it was a life-changing day for us, life has gone on. We ultimately lost our recently renovated home in Richmond as a result of the Canterbury Earthquakes, but many lost so much more.
What would a moratorium on consenting new buildings in known floodplains, tsunami or fire risk areas, look like? How would the resulting plummet in land values impact the economy and further inflate the cost of housing?
But if not now, when? The risks are likely to get higher and ultimately we have to ask ourselves if we're prepared to keep making our stop-banks higher or retreat to higher, less shaky ground.
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