The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (40008)	9/1/2005 6:10:31 PM
From: Lizzie Tudor	Read Replies (1) of 306849

By then all the refugees who are capable of finding a job will have found one elsewhere, and maybe half will wanna move back. Very, very grim.... I think the opportunity aspects of rebuilding NO will appeal to a lot of RE speculators and others. I don't want to seem insensitive but we heard a lot of talk like this (people will move and never come back) after the Loma Prieta earthquake in CA. Only a few hundred died here but there was widespread destruction of homes in some localities. In the end all the "bargain properties" get scooped up and businesses come in with sweet deals from government. Downtown santa cruz was like that here. It took a long time but SC is back

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