Ignore speculation about Chch property prices
The Property Institute says a natural disaster can result in an array of speculation as to the impact of the earthquake on all areas of life including personal, business and the Canterbury economy.
"A much talked about area and a major concern for buyers, sellers and home owners is the impact upon the property market," the institute's Canterbury/Westland branch spokesperson Chris Stanley says.
"The Property Institute of New Zealand holds concern that non-factual comments having been made to the media, such as, property values in Canterbury are likely to plummet, do nothing for the stress levels of an already jittery public."
"Such comments are personal opinion and speculative," Stanley says.
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