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Environmental/Natural Disasters and Housing


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2005 Aug 27, 8:47am   8,661 views  60 comments

by SQT15   ➕follow (0)   💰tip   ignore  

Per Veritas’ request:

Florida has hurricanes, Las Vegas has heat, California has the threat of earthquakes-- not to mention thick unhealthy smog.

As you look at buying a house, or renting for that matter, what factors influence you? Does the threat of hurricanes, earthquakes or tornado’s affect where you buy? What about environmental factors? California has many areas where water has to be piped in, as does Arizona and Nevada. L.A. is notorious for the smog. And yet, in all likelihood most people have to live in an area where one or more of these dangers are present in order to live near work and family. Is this an issue for you?

What is your definition of a “desirable area?” Do environmental/natural disasters impact your thinking when you look for a place to live? Where do you think your "happy home" will be found?

What about the sellers? Do you think areas like the Florida coast which has seen lots of hurricane activity in recent years is going to continue to be a hot market? What impact, if any, does the environment have on asking prices? Has the market been so hot that these factors have been so far overlooked? And if so, will a downturn affect these areas more?

#housing

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59   SQT15   2005 Sep 3, 2:04pm  

Veritas

WOW. I hope they're all ok. I'm glad they took what measures they needed to get out safely, at this point anything goes.

60   SQT15   2005 Sep 4, 4:53pm  

Veritas

It's great that you're thinking of helping. Most of us are only able to donate, so I think it's wonderful when people actually are able to physically lend a hand. My brother is actually living in Thailand now helping with the rebuilding effort and he couldn't be happier.

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