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

To: Jim McMannis who wrote (41027)9/8/2005 4:51:51 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
>> I wonder how much that will happen on the gulf coast.<<

I guarantee a lot of "keys will be left in the mailbox", at least of the property owners who have little equity (i.e, have refinanced lately) and were uninsured and/or can't get flood and homeowner's insurance on reconstruction. Why rebuild then? Just take yer check and move to Houston/Galveston, where hurricanes never hit!<G>



To: Jim McMannis who wrote (41027)9/8/2005 8:02:54 PM
From: bentwayRespond to of 306849
 
NO isn't going to be ffee of water for at least 80 days, according to the last estimate I heard. I think by that time, most people will have a new life going in a place less likely to be wiped out. The houses that are soaking now are soaking in toxic waste.
I think a good chunk of the old population is gone for good. Maybe the cleanup people will start a new population.


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