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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 (40630)9/5/2005 5:23:36 PM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
I think this will be a VERY strong factor pulling people away....many for good (the retirees leaving is a very good point, too). Especially the professional class and people with any portability to their skills at all (tradesmen for example)

i agree with that.....there is just no way that people are going to literally put their lives on hold for the time it will take to rehabilitate NO

i am in the camp that believes the NO must be rebuilt due the importance of the port, but do not think it should come back 'bigger and better'....

the population really needs to think long and hard about relocating there (and any other hurricane storm surge zone)



To: patron_anejo_por_favor who wrote (40630)9/5/2005 5:48:49 PM
From: bentwayRead Replies (2) | Respond to of 306849
 
But don't you think there's going to be a huge influx of workers into NO to fix and clean the place up? If not for NO, just for the rest of the county's oil and gas needs.



To: patron_anejo_por_favor who wrote (40630)9/5/2005 9:10:59 PM
From: X Y ZebraRead Replies (3) | Respond to of 306849
 
I think this will be a VERY strong factor pulling people away....many for good (the retirees leaving is a very good point, too). Especially the professional class and people with any portability to their skills at all (tradesmen for example)

no question...

all the whaling on tv by the geraldoheroes -not to mention the images- will NOT create the kind of revolution the alarmists are suggesting it would create... what will happen is that the retiring plans for 79 million people will be altered for good... for some, these considerations had not even entered the radar screen... now, the lack of exposure to natural disasters, AND the fiscal responsibility of each locale (scrutiny of state & city governments fiscal performance) will be incredibly important...

so... for those who have made the correct bet in real estate (and other industries) paying attention to the retiring mob that is about to invade those locales with the proper characteristics will be handsomely rewarded.... and let's not forget that in some of these locales, the wild appreciation has only just begun....

for these areas.... RE crash ? in your dreams -g