Unable to entice foreign money after Christchurch earthquakes, local investors step up - News Summed Up

Unable to entice foreign money after Christchurch earthquakes, local investors step up


Many property investors took their insurance money and fled Christchurch post-quake. Christchurch property investor Mike Percasky remembers feeling "extremely nervous" when the Little High Eatery opened to the public in 2017. KIRK HARGREAVES/STUFF Many property investors took their insurance money and fled, but a few plucky locals stayed. The launch of the Government Blueprint for Christchurch in 2012, was heralded as a plan to attract international property investors. But it seemed there was no such lack of understanding by the local investors left to fill the gaps.


Source: Stuff September 29, 2019 18:00 UTC



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