In terms of the overall growth of the real estate industry this year, players said the impact of Tropical Storm Ondoy (international codename: Ketsana) is expected to create knee-jerk reactions, including aversion to low-lying lots and properties, spikes in the prices of those in higher areas, and the push for government to spend on vital flood control infrastructure. Nonetheless, they said the long-term impact of the typhoon to real estate prospects will depend on how 'Ondoy' affects overall economic growth for the year.