Quote by Melanie Brown

I'm well-travelled so I can see places coming up. I went to St. Croix in the West Indies at Christmas and it had been hit by a really bad tornado. Values there have gone down but I guarantee they will be up again in eight years. So I'll get in now while it's cheap as chips.


I'm well-travelled so I can see places coming up. I went to

Summary

This quote reflects the speaker's perspective on the impact of natural disasters on real estate values. Despite witnessing the decline in property values in St. Croix due to a recent tornado, the speaker predicts a recovery within eight years. Based on this prediction, the speaker sees an opportunity to invest in properties while their prices are low ("cheap as chips"), with an expectation of future appreciation and potential profits. The quote demonstrates the speaker's confidence in their understanding of market trends, gained from their extensive travels and past experiences.

By Melanie Brown
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