like the proverbial rats scrambling out of a sinking ship, this scenario seems to be replayed in christchurch in the aftermath of the recent earthquake. varsity students are transferring out (read here) to australia & elsewhere. my friend in auckland who came back for a vacation said the property prices there has escalated steeply as the south islanders relocate to seemingly safer grounds in the north.
i'm not sure if it's foolish to invest in real estate in & around christchurch now, but i'm sure there are risk-takers out there who can smell a profitable deal from miles away. my point is that, while people are avoiding it like a plague, i would actually vacation in christchurch & the south island if there's a good flight deal now. i mean, look at it - the NZD is at a reasonable 2.35 exchange & i think there won't be as many tourists as in the previous years. except that, i can't find a flight cheap enough to convince me to take that small risk of a repeat tremor.
air asia is currently offering about rm1500 per pax in late november, & that's excluding baggage, insurance & meals.
nah....i think i'll wait....
but i'm definitely not planning for japan, not even with free flight tickets!