Many of us in the red zone realise the government package is probably the fairest approach to finding a solution for damaged land in the east of Christchurch. If we could take our money and access good land and property we would be happy to go.

The reality is we can’t! We can’t afford properties in the west of Christchurch and we can’t afford to build new homes with the money we will get for our properties.

Why! Simply, the red zone area in Christchurch has low rateable values in relation to much of our city. The average house price in the Red Zone is $270-280,000. Our red suburbs where people were able to find affordable housing are now gone.

We have no option but to head toward good land where the insurance companies will insure us. This land is significant in price in relation to our properties. It is much like asking someone in Panmure or Onehunga to take their rateable value and buy in Mt Eden, Epsom or Remuera. You just could not do it! Basically, 5100 people and many people in the orange zone will have to go and buy in the rich land.

The property developers know this and have begun buying up land. Prices are increasing as I write. I talked to a real estate agent today and her client had an offer of $200,000 on a section. Yesterday, the seller put their price up by $35,000.

I contacted a subdivision in the weekend and they were putting up their section prices for the second time in space of a week. My land is valued at $170,000. This is higher than many. I would need an extra $80,000 to get land in the city of comparable size.

Put this together with trying to build and I would have a mortgage $200,000 plus. Fine if you are a professional in Auckland but way too much for most working-class and retired folk in our red zone.  Hence, I know no one who is building. Christchurch rebuild will not be as large as people may think, especially now the Insurance Companies will not rebuild homes unless they are totalled.

There is little doubt in my mind the overseas reassurers have said to our Government, if you force us to honour our full replacement policies and rebuild people’s homes, then you will threaten insurance throughout New Zealand.

Somehow, the Australian government forced insurance companies to rebuild homes on new land after the 1989 Newcastle earthquake but ‘little’ New Zealand is being held to ransom by corporate America and Europe.

Basically, the red zoners will become the scapegoat in saving insurance in our country. Is this how we Kiwis really want to treat the mums, dads, kids and retired grandparents in our country?  If this package stays as the Government has set it up, it will be a disgrace and will cripple 1000s of people with debt for decades.

Our options in the red zone are this:

• Try to purchase land and get torn apart by the property developer sharks keen to make the big dollars from our large mortgages

• Fight the insurance company sharks to rebuild our homes as we insured them for.

• Rent and be at the mercy of the landlord sharks

Mr Brownlee, please release the second half of our land package, provide sections we can afford to buy using CERA’s powers to purchase land; be tough with the insurance companies so they will rebuild Christchurch with the premiums we have paid for decades.

Please do not leave us in shark-infested water!!

The Rev Mike Coleman is the LSMU enabler for Addington and a counsellor at Middleton Grange School.