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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 (40186)9/2/2005 2:59:37 PM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
RE:"10,000 lives and $100 billion dollars, minimum.<NG>"
Good prediction...
I dunno about the 10,000 lives YET but very possible into the thousands...The $100 billion is a pretty good bet. The Tsunami was 236,000 dead BTW, but they had no warning.

If the government could retro-repeal the $500k RE piggy bank they gave out they would have the $100 billion.

The joke was the news media saying New Orleans was spared because the track was slightly east of the city...and good ole Shepard Smith of FOX bragging how the French quarter avoided being flooded. Then the "fun" started.



To: patron_anejo_por_favor who wrote (40186)9/2/2005 3:20:01 PM
From: TradeliteRead Replies (2) | Respond to of 306849
 
Warren Buffett was a smart guy to pick up lots of stock in the mobile home manufacturers. WSJ says FEMA this week asked some companies to ship their entire inventories and ramp up production to house "hundreds of thousands of people left homeless" by Katrina.

Almost 8,000 mobile homes were shipped after the FLA hurricanes, and shipments have been rising to retirement areas of Arizona and Nevada, as well to large employers in Mississippi and Alabama that need to house employees.

Buffett reportedly made a big investment in Clayton Homes.

Stocks of Cavalier Homes, Nobility Homes and Fleetwood Enterprises have all gone up substantially, the WSJ says.