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Re: Real estate prices - post Irma
[Re: deputydog1157]
#148184
11/07/2017 03:50 PM
11/07/2017 03:50 PM
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Joined: Apr 2001
Posts: 1,562 Long Island, NY
RICKnGRACE_LI_NY
Traveler
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Traveler
Joined: Apr 2001
Posts: 1,562
Long Island, NY
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It’s a fact of life. Markets go up and markets go down. I am not talking about stock market but housing markets, automobile markets, food market. It’s all a matter of supply and demand. Post a storm like this there will be more homes for sale. The supply goes up and the prices go down. I personally don’t think this is insensitive or vulturistic. It is a opportunity for people who may othewrwise not be able to afford it to buy something. And I would rather see someone buying and fixing than look at wrecked homes for years. Think on a larger scale and imagine if someone was able to buy the Mullet Bay Property. Then we wouldn’t still be looking at it this way for the last 22 years.
Not looking to start a war. Just another opinion.
Rick and Grace
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