“Hi Gina, I hope you have a good day,” said another exactly two weeks later. “My name is Christine, I am a land buyer. The text has been signed by” Twin Acres “. Twin Acres is not a recorded real estate broker. Grist is attached to sending an SMS the number without response.
Sometimes Miceli said, she responds to the texts. “It depends on my mood. I think there was a time or two that I said:” Go to hell. “” She does not intend to leave. She raises her family into the house that her husband’s grandparents are at the limit and she has a local Brewerry.
Some theorists call This phenomenon “gentrification in the event of a disaster”, when real estate investors flood a disaster area to buy damaged properties cheap.
Samantha Montano, emergency management professor and book author DisasseterologySpeent Years Living and Working in New Orleans after Hurricane Katrina and saw him perform with his own eyes. In regions like the ninth lower district, some people moved by the storm did not have the resources to return. Speculation rushed. Some landowners have become Instant millionairesSelling their properties to developers outside the state in the hope of rebuilding and returning their property.
“The question of gentrification in New Orleans had been there from the start,” said Montano. “There were many groups that warned this, arguing for the housing policy and other recovery policies to take into account the gentrification. [They] Try to prevent it. “Twenty years later, Demographic Data from New Orleans have changed: low-income and black residents were shiftAnd new richer residents have taken their place. “Admittedly, all of this is very close to the recovery and to who access the resources to return and rebuild-and who did not do it,” she said.
In the wake of the Eaton Fire in Altadena, California, earlier this year, half of the purchases of houses were made by limited liability companies, According to DwellThe home design information site. It is almost double what they generally represent compared to people who buy houses. Only six companies – including Ocean Development Inc. and Black Lion Properties LLC – dominated these transformations in Altadena, spending millions of dollars to buy properties destroyed in historically black neighbors. It is difficult to discover who these companies are: often, they contact potential sellers via false phone numbers or under names that are not necessary
The value of the lands struck by coherent disasters Boun Return Quick, This means that buyers can return land or houses – sometimes even without paying. While climate change feeds more frequent serious natural disasters through the United States, “investors in the event of a disaster” see greater benefits – and communities like the north of St. Louis support the burden.
As a sign of sale for sale in Altadena, California, in March, three months after forest fires swept the region.Photography: Juliana Yamada / Getty Images