Thread: Katrina
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Old April 4th, 06:20 PM   #24 (permalink)
PizzaMiLiTiA
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Join Date: Jun 2005
Location: Biloxi, Mississippi
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To original poster, I hope you know that in most areas land values dramatically rose after katrina. Here, after the storm, real estate prices went up 33% a week after the storm hit. Even if the buildings on top were completely wrecked or gone. By now it's risen by over 50%. And yes, it is impossible to get insurance now. State Farm, Nationwide, and all of the major insurance companies will NOT write you a policy unless you live about 30 miles from the water.
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