how near to a fault line would you buy a house?
#1
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Joined: Aug 2005
Posts: 49
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?
#2
Re: how near to a fault line would you buy a house?
I believe a fault line goes through Nelson hospital.
#3
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Location: Wellington - I miss Castles, the NHS & English school system
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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.
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.
#4
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Posts: 755
Re: how near to a fault line would you buy a house?
Fault lines, they're everywhere!