SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Crimson Ghost who wrote (12887)10/5/2004 1:41:06 PM
From: Jim McMannis  Read Replies (1) of 116555
 
Right now we are just tired. The effect, whether positive or negative on real estate, will be determined some time in the future. Immediately, people are, for the most part, claiming they will stay. Believing that 4 in one year is a freak event. That's exactly what someone selling a house will try to convey as well. Few are willing to give it up easily.

It's more likely that buyers from out of state will divert to less hurricane prone areas, in the near term.

As far as 2005. You never know when peoples tolerence will be exceeded and they will go back from whence they came.

One thing for sure though, the price of electric will go up as will insurance costs. For the later we will not know how many houses will have insurance companies drop their policies as their is a state law saying they can't drop you until after the hurricane season. (Nov. 30)

At least one insurance company has gone belly up already. The claims will be paid by the state insurance fund.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News