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i believe there will be a glut of houses that will come onto the market, i reckon 80% didn't or couldn't get flood insurance, if any previous claims have been made, eg emerald area.
any river front property, insurance companies are refusing insurance due to 1974 floods
keiko you are spot on with your comments about insurance, flood damage.
all those people affected by the floods will never ever get flood insurance again, and i believe this will drive
prices down in the short term, till people forget just like 1974 floodsthis type of experience makes a 1st time investor like me, rethink about investing at all.
tennants seem to have the upper hand.NRAS is offering investment opportunities in calliope at the moment, i' m looking into.
any opinions on this type of investment