Indonesian Earthquake.

Reported Magnitude 8.9.
10+meter Tsunamis reported in Thailand, Bangladesh, Siri Lanka. Some islands in the Maldives completely flooded.
Aftershocks in the area in the 7+ range.
This is the largest quake since Alaska 1964.
link:
http://earthquake.usgs.gov/eqinthenews/2004/usslav/

And yet people STILL insist on beachfront property. It`s a tragedy, but I`d personally never build on a beach. Or anywhere else where nature is just waiting to kick you in the face (fault lines, volcanically active foothills, tornado alley, hurricane alley.... etc etc...)

And yet they`ll build there again, too...