Red lines on a map have not changed the spectacular sea view
from Stewart Alderton's kitchen window.
But the pen strokes might change the perception of the view
for potential buyers and insurance companies, leaving Mr
Alderton worried his Ocean View nest egg could be under
The change was the result of the Dunedin City Council's
proposed new approach to managing the city's natural hazards,
including a ban on new development in the highest-risk areas
of the city.
Ocean View is one such zone, where the red lines now
indicated an ''extreme'' risk of coastal hazards - tsunamis,
storm surges, erosion and sea level rise - for a cluster of
houses along the seaward side of Brighton Rd, south of
That includes Mr Alderton's three-bedroom home, built in
Brighton Rd five years ago, nestled just back from the
beach's pounding surf.
Mr Alderton (66) said the first he knew of the council's
proposed new approach was reports in the media yesterday.
The announcement did not come as a ''bombshell'', given the
surf breaking outside his window and the recurring coastal
erosion he had witnessed in recent years.
''I thought we would probably be involved.''
He expected property values could drop in the worst-affected
areas and insurance could become more difficult or expensive
to obtain, which was ''probably a wee bit upsetting''.
''If we did decide to downsize as we get older, maybe we
haven't got the wee nest egg we thought we had,'' he said.
His comments came after council planning and regulatory
committee chairman Cr David Benson-Pope said it was
''probably inevitable'' property prices in the highest-risk
areas would take a hit.
Insurance cover would not necessarily be affected, but
changes to some contract terms and premiums could result,
insurance figures indicated.
Mr Alderton said he was not the only Ocean View resident
likely to be affected if the changes were confirmed.
Neighbours had plans to demolish their homes and replace them
with larger developments, but could be thwarted by the
council's new approach.
Mr Alderton said his wife's parents had lived on the property
for ''many, many years'' and he had no plans to move.
''We don't consider it a hazard at this stage.''
Despite that, Mr Alderton said it was important to warn
people of the risks, and applauded the council's ''pretty
''If we believe what we are getting told about the rising
water and all that, we have just got to take precautions for
any disasters that may happen.
''We have got to look ahead for future generations.''