QOTW: Are natural disasters affecting your investment strategy?
If you didn't catch the "Seeing Greene" episode recently, an excellent question was presented that I thought would be worth discussing. Every area you invest in has risks of natural disasters of all kinds, but these disasters seem to be more common and stronger than ever. While we all know that investments always have risks, it may be worth considering in regards to your strategy. Are you concerned about issues such as droughts, fires, and hurricanes when looking at properties?
Please remember that political discussions are acceptable in relation to laws and policies only, not political positions.
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It is commonly known that devastating 1906 San Francisco earthquake caused everyone to abandon the city permanently. It is now a ghost town on the edge of the sea.
Of course, I'm being sarcastic. I've seen people rebuild houses on shorelines wiped clean by hurricanes. People have short memories. I don't foresee much immediate impact.