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how near to a fault line would you buy a house?

how near to a fault line would you buy a house?

Old May 1st 2013, 7:10 am
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Default how near to a fault line would you buy a house?

Just wondering???If it gonna go its gonna go, but is buying a property with land on the fault line a daft notion, even if it goes across land not the house? Will it affect the resale value? How far have you got to be from it before it does?
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Old May 1st 2013, 8:05 am
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Default Re: how near to a fault line would you buy a house?

I believe a fault line goes through Nelson hospital.
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Old May 1st 2013, 11:11 am
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Default Re: how near to a fault line would you buy a house?

think most of NZ is covered in them, maybe apart from Auckland but then you have to have to contend with the volcanoes

I suppose if you are prepared to buy a house on a fault line then someone else is more likely to as well. If you can't get insurance or mortgage on a property then I would say not to buy.
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Old May 6th 2013, 2:31 am
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Default Re: how near to a fault line would you buy a house?

Fault lines, they're everywhere!
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