Real Estate Dealer to buy houses in disaster is moving
Just two weeks later, he said, “Hi Jina, I hope you have a good day.” “My name is Christine, I’m a land buyer. I’m getting to know if you have a plan to sell the lottery.” The text was signed by “Twin Acres”. Twin Acres is not a registered real estate broker. GRISTEMPT TRY TO SEND THE NUMBERS.
Missley said, sometimes responding to texts. “It depends on my spirit. I think there was once or twice that I have said,” Go to hell. “” He has no plans to leave. She nurtures her family in the house that her grandmother bought, and she owns a local beer factory.
Some theorists call This “catastrophe” phenomenon flooded the disaster area when real estate investors to buy affected real estate for cheaply.
Samantha Montano, Professor of Emergency Management and Author of the Book DisasterFor years after the Catherine Storm, she lived and worked in New Orleans, and she saw that this happened with her own eyes. In areas such as the ninth section, some displaced storm people do not have the resources to return. The speculators arrived in a hurry. Some landowners have become instant millionaires and sell their property to overseas developers who hope to rebuild and flip their property.
“The issue of cheating in New Orleans was there from the beginning,” Montano said. “There were many groups that warned about it and supported housing policies and other recovery policies to support it,” he said. [They] Tried to prevent it. “Twenty years later, the New Orleans population changed: residents of low and black income have been displaced and the wealthier residents took their place.
According to Dawell, half of the home purchases were made by limited responsibility companies earlier this year, following the fire in Alitana, California. This is almost twice what they typically show compared to the people who buy home. Only six companies – among them Ocean Development Inc. And Black Lion Properties LLC – Taken these transactions in the Altana and spent millions of dollars to buy destroyed properties in Black Historical Neighborhoods. It is difficult to know who these companies are: often, they contact potential vendors by fake phone numbers or under names that are not necessarily connected to real companies.
The value of the catastrophe is constantly behind, which means that buyers can kill land or homes-sometimes even without repairs. Climate change seems to fuel severe natural disasters throughout the United States, it seems that “catastrophe investors are more profitable than ever – and societies such as St. Louis are to endure this time.
A sales sign in Altadana, California, in March, three months after the fire in the area.Photo: Juliana Yamada/Giti Pictures
