BeckerFraserPhotos May 2012 photograph 195

Images, UC QuakeStudies

Photograph captioned by BeckerFraserPhotos, "PriceWaterhouseCoopers Building (under demolition, lower centre), Clarendon Tower (under demolition upper centre), New Regent Street (lower left) and New Press building at the left end of New Regent Street".

QuakeStory 159

Articles, UC QuakeStudies

A story submitted by Mike Williams to the QuakeStories website.

QuakeStory 675

Articles, UC QuakeStudies

A story submitted by Sue Hamer to the QuakeStories website.

Post-Earthquake Real Estate Decision-Making : Repair or Replace?

Research papers, University of Canterbury Library

Many buildings with relatively low damage from the 2010-2011 Canterbury were deemed uneconomic to repair and were replaced [1,2]. Factors that affected commercial building owners’ decisions to replace rather than repair, included capital availability, uncertainty with regards to regional recovery, local market conditions and ability to generate cash flow, and repair delays due to limited property access (cordon). This poster provides a framework for modeling decision-making in a case where repair is feasible but replacement might offer greater economic value – a situation not currently modeled in engineering risk analysis.