would that be a good time to buy or would you be better off renting?
2007-03-19 12:18:51 · 9 answers · asked by zoomraker 1 in Business & Finance ➔ Personal Finance
Well, it depends on casualties.
If there are lots of casualties (which we are assuming there are), then the law of supply and demand would force home prices down. (Because there are fewer buyers for homes).
If there is *not* a lot of casualties, but lots of property damage, then assuming your home wasn't destroyed home prices would go up. (Lots of people looking for homes).
If you decide to rent, and your landlord is killed during the war, you would likely be able to live rent-free until new ownership arrives.
In all honesty though, you'll probably be dead.
2007-03-19 12:25:21 · answer #1 · answered by thekcins 1 · 0⤊ 0⤋
If there was a global nuclear war you would not be the least bit considering buying a house. You would be busy figuring out how to survive, with all the surviving real estate agents and the cockroaches. There would not be anyone to collect your rent, no police to force you off your unpaid property, and no one busy trying to sell. There would not be any gasoline for your car - so you couldn't go far.
Go see the movie "The Day After" - 1983
http://www.answers.com/topic/the-day-after-film
2007-03-19 13:21:48 · answer #2 · answered by Ethan 3 · 0⤊ 0⤋
Did you just finish watching War Games? A Global Thermonuclear war would probably destroy the housing market. I think houses would sell very cheaply and houses that weren't contaminated would be very expensive.
2007-03-19 12:26:43 · answer #3 · answered by trav1085 3 · 0⤊ 0⤋
I would just wait till the dust settled and walk into the nearest big house after the owners have been killed.
Watch out for triffids in the garden tho...
2007-03-19 12:23:52 · answer #4 · answered by arealhighlander 3 · 0⤊ 0⤋
It would probably cause prices to ease off slightly!!
2007-03-19 12:26:48 · answer #5 · answered by bremner8 5 · 1⤊ 0⤋
adverse to-- a million. in case you probably did not get to die in the initial blast then the radiation from the fallout will eventually get you. 2.Radiation affliction is between the more serious and maximum painful ailments to die from.
2016-11-26 23:22:05 · answer #6 · answered by ? 4 · 0⤊ 0⤋
I would buy. It would be the only time I could afford it.
2007-03-19 12:22:25 · answer #7 · answered by Anonymous · 0⤊ 0⤋
the good news will be, they wont be able to make another series of "Location Location"
2007-03-20 07:38:38 · answer #8 · answered by Anonymous · 0⤊ 0⤋
It would cause them to 'flatten' out !
2007-03-19 12:32:55 · answer #9 · answered by Froggy 7 · 1⤊ 0⤋