Re-building in the wake of Katrina

**JOVARN** · 09-05-2005, 02:40 PM

Any guesses how the re-building following Katrina will affect the TSP funds? At minimum 225 Thousand homes will have to be re-constructed from the ground up . Every piece of heavy equipment to include cars,boats,buses,trains and tractor trailers will also be totaled as they sustained electrical systems damage from flooding. Did anyone track the impact Andrew had on FL on the TSP as Andrew replaced and re-furbished 25 Thousand homes and there was minimal flooding in the small towns?

Katrinaâ€™s damage was magnitudes higher then anything FL has seen in modern times, as Katrina wiped out a major metropolitan city.

The building boom down side is that New Orleans was the # 1 port for imported concrete and it will take months for another port to update their facility to handle the incoming concrete.

A friend of mine who purchases gasoline by the tanker truck was told that it may become very difficult to get a gasoline shipment in October.

By the way I am the average Joe, the price of gasoline has impacted my spending habits.

There was an article I read a few months back where this stock market analyst gauged the economy by how many boats under 25 foot were being sold. A few months ago he said that there was no slowdown in boat sales so the economy was healthy.

I just put off buying 24 footer.

Confused as ever buy I count my blessings daily.

**Show-me** · 09-05-2005, 03:55 PM

I have been trying to think of different angles. The best one I have came up with is the manufactured housing industry. They need housing and quick. Rental equipment for generators, large equipment, trucks, tools, ect. Waste removal, landfills, big tub grinder, ect. General contractors, lumber, fixtures, electrical wire, switches, and all the thing to furnish a house with. Also the recreational vehicle sector has received a bump up.

There are a lot of different opinions but I donâ€™t know for sure what to do. I am looking at ETFâ€™s because they are diversified.

http://biz.yahoo.com/ic/631_cl_pub.html

http://biz.yahoo.com/ic/332_cl_pub.html

http://biz.yahoo.com/ic/630_cl_pub.html

http://biz.yahoo.com/ic/637_cl_pub.html

http://biz.yahoo.com/ic/634_cl_pub.html

http://biz.yahoo.com/ic/633_cl_pub.html

http://biz.yahoo.com/ic/632_cl_pub.html

http://biz.yahoo.com/ic/636_cl_pub.html

**Show-me** · 09-05-2005, 03:57 PM

As far as TSP go's I like the I fund. Higher national debt, weaker dollar, and overseas market doing OK.

**Rolo** · 09-05-2005, 04:53 PM

Show-me wrote:

...diversified..

<shudder>

I hate that word.

Good point about the housing industry, and all things related, getting a boost. It would probably be good for the market as a whole, if any impact at all.

Utilities and the like would probably suffer since someone has to pay for all this rebuilding.

**Show-me** · 09-05-2005, 07:04 PM

People have got to have a place to live. The three cruise ships are only temporary until then. Rentals have got to be all used up in any area not devastated. I foresee a lot of quickly erected house. Just the basics. Small home to meet the demand quickly. I also foresee all of the local manufactured homes being sold and moved south. It's crunch time our government has got to save face and the price is not an issue.