akd76 replied to the topic Flooding and the affect on House Prices in the forum General Property 13 years, 10 months ago
Hi Darren, I was actually wondering the same thing so I looked at history of natural disasters and the effects this had on the property prices and interest rates. I learned in 1999 there was a massive hail storm in NSW which cost the government and insurance companies millions, and it was the most expensive natural disaster in history of Australia…[Read more]