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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (22818)8/3/2004 12:26:16 PM
From: TradeliteRead Replies (2) | Respond to of 306849
 
<<A terrorist attack would affect home prices in the area attacked, perhaps>>

After 9/11, home prices went up substantially in both cities where attacks occurred. (DC and NYC)

The theory some people have had since then is that terrorism fears increased the "nesting" instinct of many Americans.



To: Jill who wrote (22818)8/3/2004 12:29:33 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
<<we should have used that $ to secure our borders, our tankers, our waterfronts, our bridges etc. >>

It might be wrong to assume much money is not already being spent on securing those things. But have seen some documentary-type stuff on how hard it is, logistically, to secure our borders. They cover a lot of land. We might not have that much money. <<gg>>