How will flooding from Harvey affect your investing strategy now?

[Kevin Nguyen]

Even houses in 500 year flood plain areas (0.2% chance of flood per year) flooded!  Just by terrible luck, these areas flooded even though flood maps showed the risk was minuscule. Maybe these maps were wrong.  Maybe this is a once in a lifetime event.  

Two questions:

Now that we have all seen the devastation of Harvey how will this affect your investing strategy in Houston?

 Will you still buy and hold confidently in 500 year flood plains thinking that these floods are statistically rare?