It's more analogous to getting black 17 six times in a row. It is possible, but it's weird enough to justify thinking that you've misunderstood the game, or the game has changed.

Except there's a very good ability to know precisely the odds of what the ball landing on black 17 are.

It's a very complicated question to determine what a 1/500 odds of flooding are.

So, it's very possible that this isn't the gambler's fallacy, but rather the model itself is inaccurate.

or the massive building growth without building the required infrastructure

really voted down for pointing out probability 101 I would have expected better mathematical knowledge on HN

Probability 101 begins with a qualifier: "Assuming independent events..."

This can mean two things: a) a set of events that is evidently possible, but increasingly improbable b) events that are not independent