‘Take stock of seismic repercussions’
“First comes the jolt, then the repercussions – and not just the seismic ones.”
NAI Harcourts Christchurch sales manager Greg Mann says the situation in Wellington looks to be following the same path as Christchurch.
“It looks like déjà vu to Cantabrians. Given what we know, the ramifications will likely get worse before they get better – especially if there are new events of approximately Richter scale 5 or above. But the earth movement is only part of it.”
Mr Mann says that if commercial investors are better prepared, things can be quite different.