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


To: MulhollandDrive who wrote (39861)8/31/2005 2:46:13 PM
From: TI2, TechInvestorTooRead Replies (2) | Respond to of 306849
 
Well people, some people moved out of the bay area after Loma Prieta...but more have moved in since. Property took a dip for a year or two...but lots of rebuilding on sites where homes were destroyed...who are the big, regional builder and material supplier in that area. Georgia Pacific???
ti2 (respectfully submitted)



To: MulhollandDrive who wrote (39861)8/31/2005 3:11:00 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Well, the pics from NO and Biloxi are the perfect antidote to all the Florida real estate pimps who've gotten airtime over the last 2 years or so....<NG>



To: MulhollandDrive who wrote (39861)8/31/2005 3:38:21 PM
From: GraceZRead Replies (2) | Respond to of 306849
 
i was surprised that the series of hurricanes in florida apparently had nil effect on outward migration....

The area where my father lived in Florida was hit hard. Three weeks later the area was swarming with housing investors knocking on the doors of anyone whose roof look like it took a beating, asking them if they wanted cash for their house. The difference there is that while there was considerable damage to houses, the infrastructure wasn't destroyed the way it was in NO. I do wonder if the extensive use of canals in Southern Florida allows it to bounce back faster after flooding.



To: MulhollandDrive who wrote (39861)8/31/2005 4:01:13 PM
From: John VosillaRespond to of 306849
 
Last year was spun as a once in a lifetime situation by many in government, business and the RE industry. Sure I've lived here for 23 years now and never even gave hurricanes much thought except Andrew in 1992. What used to be a once in 10-15 year event is now perhaps 2-4 a year. A big change I think that is really sinking in to anyone watching this latest tragedy continue to unfold.