Economists speculate on natural catastrophes and their impact on interest rates.

Hurricane clean-up and re-building efforts may give the Texas economy a slight and brief boost, but it may only counter-balance the losses associated with the storm. "On a national scale, the storm and its aftermath may only register as a blip on the economic radar of the US, not enough of an impact to prompt the Fed to raise interest rates," said Jeffrey Davis, founder and Chairman of Cambridge Realty Capital Companies.

"Those considering investing in senior housing may want to get into the market before year's end, rather than banking on an uncertain 2018," Davis said.

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