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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (280522)3/16/2006 8:31:57 PM
From: SilentZ  Read Replies (2) | Respond to of 1576855
 
>As counter intuitive as it sounds, there is actually a post-hurricane inflation of prices in the effected areas.

Actually, my friend Ari is doing a study on this for his PhD. He's finding exactly that.

-Z



To: Road Walker who wrote (280522)3/17/2006 5:21:39 PM
From: tejek  Respond to of 1576855
 

re: What has amazed me is that even with the past few years of busy hurricane seasons that the real estate prices in FL have continued to go higher...

I think the prices are leveling off, but that's not a result of the hurricanes. As counter intuitive as it sounds, there is actually a post-hurricane inflation of prices in the effected areas. And there is something like 2000 people a day moving to Florida.


That's evidence of the boomlet I was telling Jake about......all the FEMA and insurance money having an impact. The people moving in......some of them at least......are moving there to take advantage of the boomlet.