98% acceptance rate for quake buyout

11:45 am on 6 April 2013

Only 124 home owners in Christchurch's red zone have rejected an offer by the Government to buy properties in the area worst affected by the 2011 earthquake.

The Canterbury Earthquake Recovery Authority said 6666 property owners have now accepted the Governnment's offer at the most recent valuation.

Chief executive Roger Sutton said the small number who have refused the offer was not unexpected.

Mr Sutton said an acceptance rate of 98% shows the Government has been able to help the majority of people move on.

However, a red zone resident says the number who declined the Government's buy out offer is low, because people were bullied into accepting it.

Stephen Bourke said heavy handed bullying tactics scared people into accepting the offer.

He said the number indicates the Government has achieved its goal of emptying the red zone.