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Would You Still Purchase Your Dream House?

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Nameless14 | 09:43 Sun 03rd Jun 2018 | Society & Culture
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Suppose you're getting your dream house for just $5000 but the catch is that the place is prone to all sorts of natural disasters.
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Are we talking earthquakes, Volcanos, plagues, terrorist kidnappings? If the former probably yes, I can deal with nature being nutty if the latter definitely no.
09:52 Sun 03rd Jun 2018
What - a houseboat around the cape of good hope ?
Are we talking earthquakes, Volcanos, plagues, terrorist kidnappings? If the former probably yes, I can deal with nature being nutty if the latter definitely no.
Are you really spathiphyllum with a new name?
my dream house is not on a fault line in a hurricane zone, so the problem won't arise.
Spaths younger sibling maybe.

Depends on the nature of the disasters, at that price even if you only live in it for a year it might be worth it. Floods see below earthquake zone yes volcano with lava flows yes, volcano with explosive eruptions and pyroclastic flows no, tornado alley yes as my dream home would stand up to tornadoes and hurricanes and would be high up enough so anything less than a mega tsunami wouldnt be an issue. Landslides subject to a good geo survey
I fail to appreciate anyone classifying as a 'Dream House' a property in an area prone to all sorts of natural disasters.

Hans.
I am fascinated by things like that so a safe place to watch them would be part of the dream for me
33% of all the residential land in England is actually on a 'Flood Plain' so at some time it will flood. But that may only happen once in 200 years.You have to balance the risk against how much you like the house.
you get a lot more floods these days, Eddie. People on flood plains should build homes on stilts the way they do in the Amazon basin.
I was very tempted by a house on the Crouch estuary, asking for trouble I know but the birdwatching was amazing. I couldn't convince my first husband it was worth the risk.
"Are you really spathiphyllum with a new name?"
He HAS no name !
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Not many homes in England are priced in $'s
Shouldnt think many in the US are in that price range either.
I'd find a buyer in excess of $6000 first and sell short.
Yes $5000 is so low you can afford to just leave it if there is a disaster and start again. You could pay that for a garden shed in the UK.
on a business trip to Miami in the 1990s, my host was a local official called Victor Bravo (yes really). 5 years previously his house was torn to bits in a hurricane. having rebuilt it, just a few months before I went there, hurricane Andrew levelled his house again. at that time he was living in a trailer and rebuilding it for the 3rd time. yes it was terrible - but far outweighed (in his mind) by the advantages of living where he did.
Is this a clue that our repetitive questioner who never joins in is from US?
Yes ;)
I'm with OG on this one - buy then re-sell at 6,000 for a quick buck.
Let it out as a holiday home for as long as it is standing

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