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Red zone quake settlements gather pace

Chris Hutching for NBR NZ Property Investor
Wed, 20 Jun 2012

About 70% - 5054 homeowners - out of 7253 houses in Canterbury earthquake-affected red zones have accepted the government buyout offer.

Of those who have signed an agreement, 3956 have already concluded settlements at a cost to the Crown of $762 million.

But the remaining red zoners may

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Chris Hutching for NBR NZ Property Investor
Wed, 20 Jun 2012
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Red zone quake settlements gather pace
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