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Leaky home stigma persists

Wednesday 3rd of March 2004
Owners face crippling repair bills, a loss in the value of their home if they try to sell, problems with bank lending and higher insurance costs.

Massey University Master of Business Studies student Song Shi estimated a 12 to 14.6 per cent loss in market value of potentially leaky homes. This would translate into an average loss of between $28,800 and $35,040 per home.

Pr...
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