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October 8, 2022
A study by Veros Real Estate Solutions, a provider of residential property valuations to the real estate industry, showed that property prices jumped by an average of 7% above the national average in five metropolitan areas hit by major storms during the subsequent 12 months. In what might be cold comfort right now for Floridians digging themselves out of the devastating storm, a 2010 Federal Reserve Bank of Dallas analysis found a similar effect. That research also concluded that the gains endured for years afterward. Read more at the link in the bio.
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