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'Common-sense approach': Property Institute CEO weighs in on new earthquake building rules

Author
Newstalk ZB,
Publish Date
Mon, 29 Sept 2025, 7:55pm
Trade Me's August data showed that while the national median rent remained flat at $620 a week, Wellington prices continued to fall to $595 - down 8.5% year-on-year. Photo / RNZ, Reece Baker
Trade Me's August data showed that while the national median rent remained flat at $620 a week, Wellington prices continued to fall to $595 - down 8.5% year-on-year. Photo / RNZ, Reece Baker

'Common-sense approach': Property Institute CEO weighs in on new earthquake building rules

Author
Newstalk ZB,
Publish Date
Mon, 29 Sept 2025, 7:55pm

The Government recently confirmed they were going to overhaul the assessment of earthquake-prone buildings - a move welcomed by property owners and building engineers alike.

The changes will leave just 80 buildings needing full retrofits and 1500 buildings will still need some remediation - many of them in Wellington.

Property Institute CEO Leonie Freeman has welcomed these changes and claimed they'll help communities grow.

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