{"id":117572,"date":"2020-07-04T09:56:33","date_gmt":"2020-07-04T02:56:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wellington-apartment-owners-headed-for-financial-disaster\/"},"modified":"2020-07-04T11:03:15","modified_gmt":"2020-07-04T04:03:15","slug":"wellington-apartment-owners-headed-for-financial-disaster","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wellington-apartment-owners-headed-for-financial-disaster\/","title":{"rendered":"Wellington apartment owners headed for 'financial disaster'"},"content":{"rendered":"


\nWellington apartment owner Michael Cummins is facing a $400,000 earthquake strengthening bill effectively “wiping out” his retirement plan. His situation is echoed across the capital as hundreds face sleepless nights, losing their…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Wellington apartment owners headed for ‘financial disaster’<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wellington apartment owner Michael Cummins is facing a $400,000 earthquake strengthening bill effectively “wiping out”...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-117572","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uAk","jetpack-related-posts":[{"id":117330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wellington-apartment-owners-struggle-with-earthquake-costs\/","url_meta":{"origin":117572,"position":0},"title":"Wellington apartment owners struggle with earthquake costs","date":"June 25, 2020","format":false,"excerpt":"\r By Phil Pennington of RNZ Wellington apartment owners are calling for an urgent independent review of how earthquake-strengthening rules threaten to ruin them.They told a select committee at Parliament yesterday the Government...\r \r Source : nzherald.co.nz\/Property\r Read more...Wellington apartment owners struggle with earthquake costs","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118279,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wellington-apartments-owners-forced-to-sell-to-clear-debt\/","url_meta":{"origin":117572,"position":1},"title":"Wellington apartments owners forced to sell to clear debt","date":"August 18, 2020","format":false,"excerpt":"\r Half of earthquake-prone building apartment owners surveyed in Wellington say they would sell up after strengthening work, with many facing no other way to get out from under mounting debt. A new survey by Inner City Wellington...\r \r Source : nzherald.co.nz\/Property\r Read more...Wellington apartments owners forced to sell to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-relief-off-the-cards-for-earthquake-prone-apartment-owners\/","url_meta":{"origin":117572,"position":2},"title":"Tax relief off the cards for earthquake-prone apartment owners","date":"February 10, 2021","format":false,"excerpt":"\r The Government has shut down Wellington City Council's latest bid to get financial help for owners of earthquake-prone apartment buildings. The council floated the idea of tax relief in its Briefing to Incoming Ministers, even though...\r \r Source : nzherald.co.nz\/Property\r Read more...Tax relief off the cards for earthquake-prone apartment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83361,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gattung-sells-2-8m-wellington-waterfront-apartment\/","url_meta":{"origin":117572,"position":3},"title":"Gattung sells $2.8m Wellington waterfront apartment","date":"March 22, 2018","format":false,"excerpt":"\r Business woman Theresa Gattung has sold her Wellington waterfront apartment in Oriental Bay for an undisclosed sum after it was placed on the market last month.Gattung said the sale had gone unconditional yesterday, but would not...\r \r Source : nzherald.co.nz\/Property\r Read more...Gattung sells .8m Wellington waterfront apartment","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/comment-why-i-wouldnt-buy-an-apartment-in-wellington\/","url_meta":{"origin":117572,"position":4},"title":"Comment: Why I wouldn't buy an apartment in Wellington","date":"September 3, 2020","format":false,"excerpt":"\r COMMENT We need higher density living in our cities to accommodate a growing population and the stakes are high in Wellington, with the city smack bang in the middle of a fault line. Young people are increasingly being told that...\r \r Source : nzherald.co.nz\/Property\r Read more...Comment: Why I wouldn't\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139881,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/simplicity-living-225m-297-unit-mt-wellington-rental-apartment-scheme\/","url_meta":{"origin":117572,"position":5},"title":"Simplicity Living: $225m 297-unit Mt Wellington rental apartment scheme","date":"October 16, 2023","format":false,"excerpt":"\r New business plans to develop 10,000 rental housing units nationally.\r \r Source : nzherald.co.nz\/Property\r Read more...Simplicity Living: 5m 297-unit Mt Wellington rental apartment scheme","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117572"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=117572"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117572\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}