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: Mick Mørmøny who wrote (41805)	9/22/2005 7:55:35 AM
From: Think4Yourself	Read Replies (2) of 306849

So Texas is a key market for homebuilders? Hurricane Rita is turning into a friggin' monster, with 175 MPH sustained winds and 215 MPH gusts. The sustained winds have increased by over 30 MPH in the last 24 hours and it is forecast to get even bigger/stronger before making landfall. Where it hits land, all the wood based houses for many miles around will be completely destroyed because no wood house can stand up to those types of winds. That includes brick homes because, contrary to popular belief, brick is not a structural component of a house. If this thing hits Galveston the homies will be busy for years. Anyone who stays in the known area of landfall should be eligible for a Darwin Award for their incredible stupidity.

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