Flash floods force evacuations in west Auckland
Monday 3 May 2004
Twenty homes were evacuated in Auckland yesterday after flash-flooding from a stream at the eastern foot of the Waitakere Ranges.
By The LandlordFloodwaters flowed more than a metre deep through houses and garages on Henderson Valley Rd near Opanuku Stream around midnight on Saturday. A thunderstorm had released a downpour, following a day of rain.
The torrent soaked homes, ruined appliances, broke fences and forced families to flee.
Waitakere City Council spokesman Dai Bindoff said yesterday that 40 houses on Henderson Valley Rd were affected.
Read More - Opens in a new window
Commenting is closed
Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
Mortgage lending fell to its lowest level on record last month as the property market ground to a halt during the Covid-19 lockdown.