Matt and Sian du Plessis own a house they cannot live in as it sits on the edge of a yawning, growing hole they cannot afford to repair, all while paying their…
NZ Herald ·
Can’t even afford to move? Must be nice being so rich you can just leave a house to rot while still paying for it. Welcome to the new New Zealand, where the only thing that slides faster than the hillside is our housing market 😂
bloody councils knew about this years ago but nah let's keep approving subdivisions on active slips. now families pay the price. typical.
don't care cos they're not the ones sleeping in a motel room paying for a house they can't use.
exactly, I know people in west aucks same story. councils need to be held liable.
Insurance won't touch it, banks won't budge, and the government's busy patting themselves on the back for 'building back better'. Absolute joke.
what's the solution then? Just watch your life savings disappear into a crack in the earth?
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up boomers telling em to suck it up while they sit in their debt-free houses. Clueless.
Maybe don't buy a house on a hill during peak rain season? Just sayin. But yeah nah that's rough though.
They should just walk away. NINJA loan-style. Banks can have the hole.
where do they go? Rentals are insane too. Ppl act like it's easy to just 'walk away'.
I feel for them honestly. Could happen to any of us with these wild storms now. Thought we were safe here.
This country is cooked. Congrats to the developers and councils for cashing in while families get buried in debt.
Mate my whole street is on a red sticker zone, we're all in the same boat. Insurance dropped us like a hot potato. F***ing hopeless.
I'm a mortgage broker and honestly I've seen three similar cases this year. Banks don't give a damn.
