New Home Sales Dive: Was the Japan Earthquake & Tsunami Qld home buyers 3rd Black Swan Event?
In the last ten weeks 72 out of 73 of Queensland’s Local Government areas have been flood affected. Over 70% of QLD went under water at some stage in that period. A “Back Swan Event” for QLD?
In that period many areas have been flooded twice, some areas have been hit with an inland tsunami, with small towns completely washed away. Then we had Cyclone Yasi. Then the Christchurch earthquakes hit our New Zealand cousins hard, with many Kiwis living in Queensland having friends and relatives in Chrischurch. Then we hear and see Japan hit by earthquakes and tsunami that may well be Japans worst natural disaster ever. This will also affect new home buyers.
