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

To: miraje who wrote (39859)	8/31/2005 2:40:03 PM
From: MulhollandDrive	Read Replies (4) \| Respond to of 306849

james.... i do wonder how many people will throw in the towel and move away from the hurricane states....to be sure, i was surprised that the series of hurricanes in florida apparently had nil effect on outward migration....if the scope of this disaster doesn't impact people living there psychologically to the point of changing behavior, i don't know what will

To: miraje who wrote (39859)	8/31/2005 2:44:19 PM
From: BWAC	Respond to of 306849

<There are over a million people who live(d) in the greater New Orleans metro area who are not going to be going back there for a long time,> And there are about 990,000 of them well under the poverty line getting ready to be dumped on some poor cities tax base. Permanently.

To: miraje who wrote (39859)	8/31/2005 3:53:45 PM
From: John Vosilla	Respond to of 306849

If you divided that between the major cities in just Texas, Florida, North Carolina plus Atlanta it would be easily absorbed though rental conditions would tighten at the low end causing much higher rents. Have a hunch Houston and Atlanta get the lions share though.