Disasters and Real Estate
Disasters happen to people The recent Cyclone Debbie was a disaster. People were hurt and killed. The psychological impact is, and will be, dreadful. I’m not going to talk about the human impact - only the economics. I could not do justice to the people involved. I’d suggest a visit to the Red Cross or similar organisation to help those impacted. Disasters are “News” The Cyclone Debbie disaster, naturally, made news worldwide (BBC, CNN, Guardian, NY Times) and of course real estate prices started getting discussed....