September 8, 2005, 10:13 AM | #1 |
Senior Member
Join Date: May 29, 2005
Posts: 332
|
The next land rush???
Do you think the gulf coast could become the next free/cheap land in the US as people move out and don't come back? Would you invest?
|
September 8, 2005, 10:16 AM | #2 |
Senior Member
Join Date: May 30, 2004
Posts: 221
|
no and not only no, but hell no.
|
September 8, 2005, 10:56 AM | #3 |
Senior Member
Join Date: August 22, 2005
Location: The Woodlands TX
Posts: 4,679
|
Could make great hunting property. If you own property there do you still have to buy an out of state license?
Some land in north Texas has doubled in price in the last three years. It sounds appealing. |
September 8, 2005, 11:18 AM | #4 |
Senior Member
Join Date: September 4, 2005
Location: In the woods of TN
Posts: 298
|
I wouldn't invest if it does come out to be cheap land, but my guess is that it will more likely be EXPENSIVE land. I figure that there will be massive sums of money thown at redevelopment there after they get the mess cleaned up. Just my opinion...lots of people will just abandon what they had and some are no longer with us bad situation any way you look at it.
|
September 8, 2005, 02:56 PM | #5 |
Senior Member
Join Date: January 26, 2005
Location: Montana
Posts: 1,187
|
I'd rather not see good money washed away in the next big hurricane. So no. Unless it was free.
__________________
The test of character is not 'hanging in' when you expect light at the end of the tunnel, but performance of duty, and persistence of example when you know no light is coming. - Vice Admiral James Stockdale, USN (ret.) |
September 8, 2005, 04:07 PM | #6 |
Senior Member
Join Date: August 17, 2005
Location: SE WA State.
Posts: 563
|
...Visions of eminent domain (along with sugar plums) danced through there heads...
For the good of the "community" we'll probably see a lot of NOLA property grabbed by the local government for social housing programs etc... Just my take on the situation.. |
September 8, 2005, 04:27 PM | #7 |
Senior Member
Join Date: March 26, 2005
Location: SE US
Posts: 519
|
Gulf Coast property will never, ever be cheap/free. It's been hit big before and has never been close to free. The hurricanes are just something the people that live there know will happen eventually, and consider it woth the risk and aren't about to sell the land cheap. There are many many people that pay lots of money for that land, and still do even now.
__________________
If you know the enemy and know yourself you need not fear the results of a hundred battles. - Sun Tzu |
September 8, 2005, 04:32 PM | #8 |
Staff Emeritus
Join Date: June 29, 2001
Location: Prescott Valley, AZ
Posts: 2,422
|
My first thought was to move this to General Discussion; but it would be off topic there as well.
Denny
__________________
S.W.A.T. Magazine Weapons, Training and Tactics for the Real World Join us at TFL or at AR15.com or on Facebook |
|
|