大咖福利影院

seoulguy wrote:

USN should have been deployed, but that's a 45 call.

DoD has been on the job from the start.

Psych2 wrote:

Hey, hey, HEY, I started the post regarding rebuilding! And trust me, I am getting up there in age The article referenced in that post was informative and it gave me hope, thus I thought it was good to share with others. I am glad that you read it. Now, you might differ with it, (and that's ok), but it's not helpful to personally attack.

We here in New York are trying to remain hopeful. I can't imagine PR becoming a wasteland or another Hawaii.聽 As a Puerto Rican who grew up spending time on the island it is very personal for me to want to see Puerto Rico pull through this. I am committed while here in the states to do what I can within my means to help make a difference.

Sitka wrote:

I hope my contractor doesn鈥檛 leave the island, will have rebuilding to do soon.

Probably the least-likely person to leave the island.聽 There's too much money to be made in construction, both in the near term and into the distant future.聽 Salvageable structures will need repair, and I think Seoulguy is right, and the heavily-damaged wooden structures will be demolished and replaced once real estate investment dollars start flowing.聽 Seems like a good outlook for the construction sector.

I really don't know how much more real estate prices can continue to fall.聽 They have been declining for the last ten years, so there can't be too much room left for them to drop.聽 Nevertheless, I do expect foreclosures to spike, and basic economic theory suggests that as the supply of properties increases, prices will fall until demand picks up.聽 In the interest of full disclosure, I'm still trying to buy property.聽 I would say that Maria put things on hold, but that would imply that there had been some progress.聽 My current offer, a cash offer made to a bank for a foreclosed property, has been active for a year now.聽 Oh well.聽 I'm not looking to get the best possible deal -- and who knows, maybe the prospect of additional foreclosures might motivate the bank to respond to my offer.

I think Rey is right that once the heavily-populated centers have utilities restored, the government's focus will likely be on getting tourism back on line.聽 I too think that it will take at least a year for that sector to bounce back.聽 My bigger concern is the devastation to the agriculture sector.聽 The NYT reports the loss of 80% of the value of the crops -- that hurts twice.聽 Farmers lose the revenue and the island loses the food.聽 We may find many more farms in foreclosure soon, as the crop loss winds up being greater than the loss in damaged buildings.

knight4444 wrote:

if vietnam can do it, why not puerto rico ??聽 Think about it.

Vietnam has a much lower cost of labor.聽 US Minimum wage laws apply in PR.聽 聽 Completely different situation.