Via the Property Locust:
Investors using the potential for a future natural disaster to not invest in a particular location should probably not bother investing at all, according to respected property market research firm and buyer’s agency Propertyology.
This summer’s bushfires followed by flooding in various parts of the nation had made some people reconsider their investment strategy, Propertyology Head of Research Simon Pressley said.
“While there’s been a noticeable increase in investor enthusiasm in this New Year, our buyer’s agents have had numerous people emphasising that they want to avoid locations which are susceptible to bushfires,” Mr Pressley said.
“Given the damning footage of this summer’s bushfires that dominated our news feeds, I reckon at least one member of our team received a remark about bushfires every second day.”
Ditto for virus, I guess.
Don’t “invest at all” is great advice.