30 Sep 2024

Less than half of flood damaged homeowners opt in council buyout scheme

From Checkpoint, 4:53 pm on 30 September 2024

It's the last day for Auckland homeowners with flood affected homes to sign up to the council's buyout scheme - but less than half of the flood damaged property owners have opted in. Advocacy group 'West Auckland is Flooding' said that's because the categorisation scheme puts many of the homeowners into negative equity and leaves them facing an impossible choice: face financial ruin or risk being flooded again, Louise Ternouth explains.