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

To: patron_anejo_por_favor who wrote (31357)5/16/2005 7:10:32 PM
From: Mike JohnstonRespond to of 306849
 
I don't think so.
Last year's hurricanes did nothing to slow down real estate inflation in Florida, in fact they spurred increased level of speculative activity.
If you are making 50K a month on house flipping you don't care about anything.

In fact, at the later stages of stock market bubble in Japan a massive earthquake was considered bullish for the economy and the market went up.

I believe that collapse is coming, but not for that reason.



To: patron_anejo_por_favor who wrote (31357)5/16/2005 7:29:59 PM
From: redfishRead Replies (1) | Respond to of 306849
 
I think the saving grace re hurricanes is so many of the condo owners don't live in them.

Let them go through 12 days in a row without power and see how much they love our tropical paradise.



To: patron_anejo_por_favor who wrote (31357)5/16/2005 11:28:35 PM
From: Drygulch DanRespond to of 306849
 
Patron, bite your tongue! My two bedroom floating condo might be at risk!

Here's a summary of last year's action:

nhc.noaa.gov


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