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Speaker 1: Here we go again, everybody planning to build yet more

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Speaker 1: houses on land that we know is partial to flooding.

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Speaker 1: This time it's the Coalition government with three housing projects

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Speaker 1: on its fast track list in Auckland and Canterbury, and

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Speaker 1: twenty twenty two it was Labor they had seven hundred

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Speaker 1: homes on their fast track list that were prone to flooding.

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Speaker 1: The land was prone to flooding in Napier. And you

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Speaker 1: might think, well, if you want to go and build

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Speaker 1: your house on flood prone land after cycling Gabrielle etc.

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Speaker 1: That's your issue. You pay up. But here's the problem

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Speaker 1: with that. We have no hard and fast rule about

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Speaker 1: what ratepayers and or taxpayers might have to stump up

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Speaker 1: for compensation. You know, do we buy these houses out?

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Speaker 1: How does it work if they build and it floods?

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Speaker 1: Our collective insurance premiums go up. Just this week we

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Speaker 1: had a letter from big insurers to the Prime Minister

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Speaker 1: and others saying, hey, we can't keep up with these payouts.

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Speaker 1: With the more the increased weather of ny etc. Premiums

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Speaker 1: are going to have to rock it up. Stop allowing

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Speaker 1: development on low lying land. There's been a Select Committee

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Speaker 1: report on this but saying, you know, we need rules

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Speaker 1: from the government, We need certainty and we do who

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Speaker 1: pays what to whom and when? We just don't know.

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Speaker 1: And in the meantime, you would think the land that

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Speaker 1: might be at risk of flooding would be put on

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Speaker 1: a slow rather than a fast trink. For more from

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Speaker 1: Early Edition with Ryan Bridge. Listen live to news Talks

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Speaker 1: it'd be from five am weekdays, or follow the podcast

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Speaker 1: on iHeartRadio.