Post Hurricane Sandy Real Estate Deals: ‘The Great Sandy Sell-Off’ Video.

“If the storm was just isolated to Rockaway, I would understand the fear. But this wasn’t isolated to Rockaway – this happened throughout all 5 boroughs [of New York] and I think that’s why people feel this isn’t going to happen again. This was the perfect storm.”
Lisa Jackson, Rockaway Properties

Yes, the damaged homes of Rockaway are selling at a discount but what do you do when the ‘Perfect Storm’ becomes an annual event? Deal or not, I can’t understand why home buyers would actively seek out homes that not only suffered significant damage but are still in harm’s way. Oh wait, I found an old Far Side comic that explains it:

Far Side - School for the gifted.

[Climate Desk via Guardian]

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