It was heartening to see this write up in last The Press last Thursday. It predicts increased demand for TC3 land in the future. It makes a good read and well worthwhile checking out:
River-front properties that were close to being written off after the earthquakes could become the most sought-after in Christchurch.
In time, technical category 3 land around the city will bounce back to become desirable once again, Earthquake Commission chief executive Ian Simpson says.
“We’ve all got really short memories so I think in 10 years time, everyone’s going to be clamouring for want of a waterfront view property that’s out there called TC3,” he said at a meeting of business leaders at the Canterbury Club yesterday.
TC3 properties sit on land deemed among the most risky to build on that has not been red-zoned. The TC3 label has been at the forefront of many protests.
Disgruntled TC3 residents have rallied against repair delays, a lack of answers and miscommunication over their land.
But Simpson believed people would forget their earthquake-based concerns and said the disputed TC3 label would not tarnish the properties permanently.
I believe he is right and once the rebuild and repair strategies get underway, confidence will return for TC3 land. So come on insurers, the quicker you get things underway, the quicker the city will turn back to normality!
Approximately 70 per cent of our sales this month at Harcourts Gold Parklands alone have been properties zoned TC3.
Sales currently are brisk with a very positive vibe out there in the marketplace, people are currently keen to secure property this side of Christmas – bring it on I say!