Disagree with logic that most will sell. Many people will incur high tax bills (if the property appreciated) or transaction costs to move. People who bought in the 2010s have mortgage rates that don’t exist anymore. Many had a reason to live in the area to begin with.
- Many will rebuild to move back
- Some will sell their lots to investors
- Some will rebuild using insurance money to flip upon completion
- Many will rebuild to move back
- Some will sell their lots to investors
- Some will rebuild using insurance money to flip upon completion