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Old 08-28-2017, 07:34 PM
 
318 posts, read 337,573 times
Reputation: 242

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home prices aren't going up anytime soon, flooded or not.

we will see how the rebuilding progress goes, a lot of new homes were under construction
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Old 08-28-2017, 07:35 PM
 
Location: Unplugged from the matrix
4,754 posts, read 2,971,509 times
Reputation: 5126
Quote:
Originally Posted by Spade View Post
I didn't finish part of my statement. I meant urban planners, environmentalists, engineers have at least written articles warning Houston of this. This sprawling out to the hinterlands is not sustainable. Maybe the fact that Houston is over 600 sq miles hurts itself in this regard.
What hurt Houston was proper planning, not the land size of the city limits.
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Old 08-28-2017, 07:55 PM
 
Location: Houston, TX
403 posts, read 462,133 times
Reputation: 463
Quote:
Originally Posted by Astoriahoney View Post
I do believe this will affect the city's reputation. What most people forget is that we didn't have Social Media during Ike, Alicia and Rita the way we do now. This will only hype the city's reputation and the poor response from not only the Governor but also the Houston mayor. Media in all forms can hype or negatively impact anything these days.

I believe housing prices will plummet in Houston, causing some developments in progress to shut down. This happened during LA's Northridge 1994 disaster where people fled the city and housing prices took a nose dive. Rebuilding took a long time and it wasn't until 2002 when the city really bounced back.

Population didn't start exploding until 2003 onward.
''Poor response?'' What of Houstons response was a poor response? If housing prices were to plummet in Houston, it would have happened after Rita, Ike or Alicia and it never did in the past so why would it now?
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Old 08-28-2017, 08:01 PM
 
363 posts, read 557,372 times
Reputation: 413
You didn't have the media machine like we do now. So much devastation is being reported and buyers will not want to buy flood homes or in cities that flood easily. To locals this is very common but outsiders looking to invest or move to the area will be turned off. Overtime I think the city can bounce back but like Los Angeles, it will take time to recover.

It's not the quick easy fix locals believe it is nor expect not to hurt their economy. Especially if this turns out to be the longest natural disaster. Don't expect these greedy oil tycoons to share their wealth the way the celebrities do in Hollywood.
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Old 08-28-2017, 08:01 PM
 
Location: Charlotte NC
1,028 posts, read 1,443,033 times
Reputation: 638
My prayers go out to everyone in Houston and the flooded areas. I wish I can come help but my job won't allow it. I know it isn't much but i donated 200. This just sucks that one of our greatest Cites is going through this. Sending my prayers from Charlotte nc.👼👼👼👼👼
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Old 08-28-2017, 08:02 PM
 
1,329 posts, read 3,543,264 times
Reputation: 989
Quote:
Originally Posted by Double L View Post
''Poor response?'' What of Houstons response was a poor response?
Either Turner or Abbott should have hired some medicine men to get the rain to stop.
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Old 08-28-2017, 08:09 PM
 
4,010 posts, read 3,749,482 times
Reputation: 1967
They said on CNN that Houston has had the most major floods than any other city in the US. Didn't know that
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Old 08-28-2017, 08:12 PM
 
Location: Houston, TX
403 posts, read 462,133 times
Reputation: 463
Quote:
Originally Posted by Astoriahoney View Post
You didn't have the media machine like we do now. So much devastation is being reported and buyers will not want to buy flood homes or in cities that flood easily. To locals this is very common but outsiders looking to invest or move to the area will be turned off. Overtime I think the city can bounce back but like Los Angeles, it will take time to recover.

It's not the quick easy fix locals believe it is nor expect not to hurt their economy. Especially if this turns out to be the longest natural disaster. Don't expect these greedy oil tycoons to share their wealth the way the celebrities do in Hollywood.
You didn't need the internet to tell people that Houston flooded back then. People investing their money to buy or rent in Houston have always known they were moving to a flood prone area. Nothing about that will change.
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Old 08-28-2017, 08:25 PM
 
18,123 posts, read 25,266,042 times
Reputation: 16822
Quote:
Originally Posted by Zhang Fei View Post
Either Turner or Abbott should have hired some medicine men to get the rain to stop.
Hire Rick Perry,
After his pray-a-thon for rain, Texas had the biggest wildfire ever

Never mind, he'll burn Houston down
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Old 08-28-2017, 08:27 PM
 
55 posts, read 80,540 times
Reputation: 118
^
To Double L:

You idiot, can't you comprehend that his point was with the media machines, people can visually see it rather than just reading it on the newspaper? The quality of cameras are very high defination these days and the whole world is watching with CNN shoving down the world's throats 24/7 right now.

Like Astoriahoney said, businesses and potential transplants will be turned off
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