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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (39861)8/31/2005 3:38:21 PM
From: GraceZRead Replies (2) of 306849
 
i was surprised that the series of hurricanes in florida apparently had nil effect on outward migration....

The area where my father lived in Florida was hit hard. Three weeks later the area was swarming with housing investors knocking on the doors of anyone whose roof look like it took a beating, asking them if they wanted cash for their house. The difference there is that while there was considerable damage to houses, the infrastructure wasn't destroyed the way it was in NO. I do wonder if the extensive use of canals in Southern Florida allows it to bounce back faster after flooding.
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