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


To: MulhollandDrive who wrote (39992)9/1/2005 5:28:31 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
I bet they do rebuild it though, right where it is. If Katrina had destroyed Biloxi only and it was Biloxi that was beneath sea level then we might have let Biloxi go down, but not New Orleans, its just too much of a "story city" I think. Same with SF, we might be destroyed by an earthquake one day but I bet we get rebuilt right here.



To: MulhollandDrive who wrote (39992)9/1/2005 5:56:46 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Thinking about is fine. A little sensitivity for the dead and suffering would be fine, too....There'll be plenty of opportunity to discuss rebuilding (or not) later. If it's not gonna be rebuilt, then approach Florida, Cali and all the other coastal at risk areas exactly the same way (i.e., no Uncle Sugar subsides of the insurance costs/risks).