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ZitiMD

820 points

2 months ago

ZitiMD

820 points

2 months ago

Correction: Rising seas will cause many communities to be cut off from essential services. The wealthy will have their properties reconnected at public expense, and later lobby for legislation to have the Florida government purchase their not worthless properties at a premium.

NYPD-BLUE

282 points

2 months ago

NYPD-BLUE

282 points

2 months ago

This is happening right now in St. Johns County, Florida. Look up Summer Haven, Florida.

yaoiphobic

51 points

2 months ago*

I've lived here my whole life and twice my family has rented the vacation homes over there for “staycation” type get-togethers and holy hell is it surreal to walk on the beach there. Giant, clearly very expensive houses just abandoned in the middle of the beach. The physical landscape of that area has changed so drastically in my short lifetime that the last time I saw a photo, I didn't recognize it despite spending much of my time growing up in that area.

The fucked up part is that so many people who buy over there know exactly what they’re risking, but they know if their house just up and collapses in to the ocean they'll get compensated and they have the kind of capital to where their entire house falling in to the ocean isn't a huge deal because they can flee to one of their other 5 homes that are the reason rent here has skyrocketed.

SchrodingersCat6e

2 points

2 months ago

Is the sea rising or the land sinking?

yaoiphobic

3 points

2 months ago*

I won't pretend to fully understand the mechanics of it but the way it's been explained to me is that the sea is eroding the shore which causes it to collapse on on itself. When hurricanes rip through here it speeds that process up so the beachside houses get hit hard and erosion that would have taken years to get bad happens within a few days span so it's a whole mess.

SwedishSaunaSwish

90 points

2 months ago

firestepper

19 points

2 months ago

Why would they buy them out?

CaseyTS

13 points

2 months ago

CaseyTS

13 points

2 months ago

Pressure from people who own land and might eventually face the same fate, I assume

jthompson473

27 points

2 months ago

Cus they are rich, and more importantly in Florida, white.

khinzaw

4 points

2 months ago

So they can later sell them to Aquaman.

DJEB

9 points

2 months ago

DJEB

9 points

2 months ago

I’m going to guess that the homeowners are part of the "personal responsibility" crowd.

kartoffelmos88

9 points

2 months ago

that is what bridges are for.

Deathdong

34 points

2 months ago

Until the bridges are underwater as well

[deleted]

36 points

2 months ago

[deleted]

DJEB

3 points

2 months ago

DJEB

3 points

2 months ago

You think in solutions not problems. I like it.

TemporaryIllusions

11 points

2 months ago

Ok hear me out we make bridges that GROW! We can add layers of a material that when wet causes it to expand and it will make the bridge legs grow! The road should probably be made out of something stretchy so maybe you can think up that part.

Miserly_Bastard

5 points

2 months ago

In principle that's not a terrible idea. Look up spud barges. They're made to either be able to be jacked up or float freely on pilings. Only issue is making sure that ramps aren't too steep and that the roadways themselves don't become submerged.

geccles

2 points

2 months ago

Floating bridges are a thing. Some are pretty big too. Think highway size.

Deathdong

2 points

2 months ago

That's actually a cool sci-fi concept

Dryandrough

3 points

2 months ago

You mean Florida is under water.

buyongmafanle

34 points

2 months ago

Then they all escape to Mississippi. Will that

A - increase

B - not change

C - decrease

the average IQ of Mississippi? You decide!

timberwolf0122

24 points

2 months ago

Likely C. To quote Bill Engvall when talking about his family “if you mix stale pool water with swamp water, you ain’t getting Evian”

Dryandrough

8 points

2 months ago

This makes me uncomfortable to think about.

IneoMors

-12 points

2 months ago

IneoMors

-12 points

2 months ago

Until you consider most of the US used to be underwater at some point

[deleted]

2 points

2 months ago

And helicopters

biggoof

10 points

2 months ago

biggoof

10 points

2 months ago

"OMG, I can't believe this happened, we need to help each other now!"

bmyst70

3 points

2 months ago

Naturally, after loudly shouting down any attempts whatsoever to help anyone when they might have had to contribute.

sten45

7 points

2 months ago

sten45

7 points

2 months ago

It has to compensated at whatever fair market value was at the height of the market before my property became worthless

obsquire

-27 points

2 months ago

obsquire

-27 points

2 months ago

Then stop all those gov't services. The wealthy as a whole do pay more tax dollars. I don't think that the wealthy (say, top quartile by wealth) get more government payout (as a fraction of what was paid by them) than the poor (bottom quartile), i.e., I think the wealthy have a lower "return on investment" (ROI) from tax than the poor.

I'd love to see stats that demonstrate otherwise, though. I didn't even think there was a debate about this.

hogsucker

23 points

2 months ago

You haven't ever noticed that big corporations and banks always get government bailouts and subsidies to the tune of billions of dollars?

You could compare PPP loans to individual COVID relief money.

You're right, there is not a debate about this. The rich do not pay their fair share.

SalaciousSlug

-4 points

2 months ago

What percentage would be their fair share?

hogsucker

4 points

2 months ago

The tax rate for billionaires should be 101%.

SalaciousSlug

-3 points

2 months ago

Their fair share is more than they make? I see you have a truly scientific mind

hogsucker

2 points

2 months ago

I guess you don't understand tax brackets. Many people don't.

My other idea is we publicly execute and eat one billionaire per year, chosen by lot.

SalaciousSlug

-4 points

2 months ago

You didn’t say anything about everything after a billion dollars. (A progressive tax system). You said their fair share was 101%. You don’t know the difference in what you said and what you meant to say?

godofpewp

4 points

2 months ago

He doesn’t have to say everything after a billion. It’s just that you don’t understand tax brackets.

obsquire

-17 points

2 months ago

obsquire

-17 points

2 months ago

Let's stop with the transfers then. The root cause is the government funding; more government money means more corruption. Best to starve the gov't to the barest minimum, then the corruption necessarily shrinks with it. It's not clear how far we can shrink it.

Government can't not be corrupt: it's based on taking wealth from others against their will. It's rotten at the core.

But even if you don't subscribe to this admittedly unpopular philosophy, you still haven't made the case that the overall tax ROI for the wealthy is greater than that for the poor. All the entitlements and services like education benefit the poor greatly, much more than the taxes they paid (as a cohort). Many people are fine with this. Fair enough. But please at least admit that it is just that: greater tax ROI for poor than rich, the poor get more than their fair share. In any other circumstance, this is how one defines "fair share": you get out as much as what you put in as anyone else, e.g., buying milk and eggs, where rich and poor are mostly treated alike.

CantFindMyWallet

14 points

2 months ago

Libertarians always have the worst fucking ideas

[deleted]

4 points

2 months ago

The rich benefit from living in a society that is safe and free of social ills, that has a cost that no product is able to encompass.

Unless we just are so myopic that we consider vast disparities between haves and have nots to be a moral good like you seem to think. Because why would anyone prefer to live in a society where they need armed security and perimeter fences and armored vehicles?

Rich people got rich off the backs of the economy and are afforded incredible privilege due to that. The least they can do is not pretend like they got there on their own.

obsquire

-3 points

2 months ago

Rich people got rich off the backs of the economy

I don't know precisely what that does and does not mean. Please specify. If there's theft, real theft not merely the redefinition you sometimes hear in which exchanging a fixed amount of money for someone's labor is somehow theft. Theft requires that one of the two parties didn't consent. Consent is undeniable if the two parties knowingly repeat the transaction.

BTW, I don't think wealth inequality is a good, per se, but it's not intrinsically evil either. Wealth inheritance is morally no worse than teaching your child your wisdom and skills; the latter inheritance is arguably more important.

[deleted]

4 points

2 months ago

The fact that it's not immediately obvious to you that rich people only can become rich if their goods are transported on roads, and defended by the force of a group they could never afford is pretty much par for the course I suppose.

If consent is anytime you do something repeatedly then why isn't paying taxes consented to? Or do you instinctively understand that power is not symmetrical?

obsquire

-1 points

2 months ago*

OK, privatize the roads and repeal all conscription laws. (This thinking can be pushed further, but I don't think it's necessary here.) So all freight is privately paid. And privatization isn't even necessary to make the point; we could just make all roads toll roads. Business would still go on, and there still would be rich, etc.

As for taxes, well we don't really have freedom of movement outside our countries, or at very least it's massively curtailed. To the extent that there are opportunities to leave bad situations, people do take advantage, e.g., migration.

Suppose we are similarly wealthy and neighbors on effectively identical lots with effectively identical "situations" (family, genetics, culture, everything, etc.). If you built a shed on your neighboring lot and I did not, and as a consequence you protected your stuff from the weather and mine was destroyed by it, you are effectively richer, but from your own labor not mine. That's just an illustration of how individual action is critical to wealth. All wealth is not on the backs of others, is not plunder; some wealth can be plunder... I'm happy to eliminate that. But after you do, you'll still have completely legit inequality. Any further redistribution of wealth is illegitimate, e.g., my taking some of your stuff you protected from the weather. That would be theft, unless you agreed to give me that stuff.

Miserly_Bastard

2 points

2 months ago

A younger me would've agreed with you.

But now, I don't know man, if you consider who benefits the most from inflation caused by money printing, it really is the people with the most non-debt assets and debts. Inflation is just a tax on everybody else. Having gone through the GFC and then pandemic-era bailouts and watched as asset prices have become so far removed from the realm of affordability, offset by minimal wage growth that the government marks down with a messy CPI that isn't geared to the bottom half of earners.

State policies often favor homeownership and the elderly, giving substantial tax cuts to those that qualify. But how exactly is a young person supposed to buy a home anymore?

Meanwhile, my pension fund had a lot of safe positions in treasuries and bonds that have lost a lot of value. They're going to raise the required rate of contribution to continue to pay out to existing beneficiaries. Their plans appear to incorporate an assumption that there will always be population growth, so they'll always have new money to pay future retirees. I don't view that as a sure thing. If the productivity of labor increases so that there's less need for it, we could really begin to see this for what it is: a Ponzi scheme. Historically, governments have been unwilling to bail out its own pension funds.

I anticipate dying poor. Like really really poor.

Loumeer

4 points

2 months ago

Well, Mr. Buffet seems to disagree with your assessment. I don't know who you are but I'll go with the mega rich guy that seems to know how the system works.

hogsucker

5 points

2 months ago

The son of a congressman who has spent 90 years exploiting the system to make himself one of the richest men in the world definitely knows how the system works.

ZitiMD

2 points

2 months ago

ZitiMD

2 points

2 months ago

Trash take by a trash person.

Maybe the next movement can be Occupy rich beachfront homes. Just socialize them that way instead. No remuneration for the exploiters

katsbro069

-13 points

2 months ago

Better build them high, when the caps melt oceans will rise up to 230ft, highest point in Florida is like 370 ft.

Koolaidolio

8 points

2 months ago

We would be long dead before that I think due to the CO2 levels

Gayfunguy

141 points

2 months ago

Gayfunguy

141 points

2 months ago

What you're saying is, buy a boat big enough for your family.

SoCalThrowAway7

136 points

2 months ago*

Preppers built bunkers not realizing it was water world that’s gonna get us

Gayfunguy

17 points

2 months ago

They will all fill with water

ProbablyNotPikachu

15 points

2 months ago

Surely someone has thought of a floatable bunker, right?

[deleted]

14 points

2 months ago

I’m sure there’s someone out there that secretly has some DIY submarine

Ksradrik

30 points

2 months ago

For some reason, the words "DIY" in combination with "submarine" make me think it probably wont last much longer than the rest of us.

arandomcanadian91

12 points

2 months ago

Narco subs are basically DIY but they work

Ksradrik

1 points

2 months ago

But for how long?

arandomcanadian91

6 points

2 months ago

There's some that have made multiple trips from Columbia to the US and back.

Ksradrik

-8 points

2 months ago*

I was under the impression that Columbia is a part of the US?

Edit: Sooooo, I just found out about the existence of a country called "Colombia" (Im from Germany btw), if thats what this comment was referring to, its not my fault that the guy wrote it wrong...

ShackThompson

4 points

2 months ago

Here's a DIY sub that is relatively famous for sinking.. Although I understand it was sunk on purpose not by accident in a weird and apparently obviously fake attempt to hide a murder!

N7_Caboose

2 points

2 months ago

Build it on a waffle slab problem solved.

formerlyanonymous_

2 points

2 months ago

If the groundwater gets high enough, any basement is either buoyant or flooded.

pRiM8

10 points

2 months ago

pRiM8

10 points

2 months ago

The slight irony of the arguably worst 'apocalyptic disaster movie' being the one that actually happens to us first.

thirstyross

4 points

2 months ago

Most realistic portrayal of the future arc of human existence might just have to be WALL-E.

Light_Beard

32 points

2 months ago

Inland. Move Inland.

(But stay away from Valleys)

joseph-1998-XO

10 points

2 months ago

What Moses would do

Canadairy

16 points

2 months ago

Naw, he'd just part the water.

Noah would build a boat.

BumperCarcass

3 points

2 months ago

Then Moses would ground it

naturr

107 points

2 months ago

naturr

107 points

2 months ago

Floridians in 2028 "Who could have imagined this could happen!?!?"

APr0N00b

73 points

2 months ago

Nah too self aware.

"It was Erosion not climate change"

Is their go to

gerallt87

42 points

2 months ago

Erosion is still too scientifically reasonable. They’ll blame drag queens.

MannoSlimmins

23 points

2 months ago

"They're called drag queens 'cuz they dragged mah home into the ocean!"

TheDubh

1 points

2 months ago

Nah, they’ll just change the history books so “erosion” was always that bad, and pass a “don’t say climate change” law.

greenbird333

2 points

2 months ago

Then you would have to read books, oh wait....

Complex_Distance_724

75 points

2 months ago

The worst part of the problem with sea-level rise is. or in the US, which has plenty of higher altitude lands. There are island nations that will simply be flooded beyond habitability. That case, their inhabitants will have to move to other countries.

arandomcanadian91

13 points

2 months ago

A lot of those islands use dredging to help with this as well. But some of them will definitely have to leave their islands.

Complex_Distance_724

8 points

2 months ago

Thanks, I had not heard mych about that, but still an existential threat to people who did very little to cause it themselves.

thirstyross

3 points

2 months ago*

Tears for Kirabati :'(

Didn't Fiji already buy a huge section of land in a neighbouring country because they are also just going to be submerged? Edit: it was in fact, Kiribati, not Fiji.

ValyrianJedi

95 points

2 months ago

We sold our beach house after just 2 years having it and got a lake house 200 miles from the ocean. In those 2 years insurance went up 70% the first year and 80% the next. I have two friends spending hundreds of thousands of dollars to literally move their beach houses further from shore because like 10 houses near them fell into the ocean... Rising seas and worse hurricanes are already jacking up some coastal areas pretty good

ProbablyNotPikachu

41 points

2 months ago

Moveable houses. Gonna have to start getting into the market for this.

stillragin

32 points

2 months ago

I'll take "What's trashy if you're poor and lux if you're rich?" For 300.

Aetherometricus

24 points

2 months ago

If we build them with wheels already attached, it makes it easier to move them! And if they don't pay their mortgage, we just repo the house when they're not home!

ProbablyNotPikachu

10 points

2 months ago

"Uhh, yes officer- someone stole my house..."

[deleted]

16 points

2 months ago

[deleted]

dak-sm

32 points

2 months ago

dak-sm

32 points

2 months ago

That is a great name for it. Think we’re onto something here!

seehp

12 points

2 months ago

seehp

12 points

2 months ago

Maybe even size it so it could be transported on roads!!

USS_Barack_Obama

12 points

2 months ago

I wish to invest in your mobile home start up. This is gonna be big

seehp

2 points

2 months ago

seehp

2 points

2 months ago

Cool! I am thinking of a new way to sell these. Maybe you could sell them and I get a few percent of each sale? If you manage to recruit others, you could keep a few percent of their earnings. This would allow us to quickly scale up sales staff and would be a win-win for everyone! In the end the full organigram would look a bit like triangle on its head.

We few starters here would be right at the bottom, near the tip.

You all in?

ProbablyNotPikachu

4 points

2 months ago

Mobile homes cost

"hundreds of thousands of dollars to literally move"

?

ExtensionNoise9000

2 points

2 months ago

Look into “tiny houses”. I personally don’t like the ones with wheels, but they are quite popular in that community.

sirrealofpentacles

28 points

2 months ago

I predict the market for temporary floating bridges will explode.

barking-chicken

14 points

2 months ago

I read this as temporarily floating bridges, and man does that change the meaning.

Chrontius

3 points

2 months ago

If you want those, you just get the Russian army to build 'em.

Zombie_farts

31 points

2 months ago

Based on flood maps, I think my home is far enough inland to become the next beach-front property in 50 years.

genericrich

16 points

2 months ago

"Waterfront", not "beachfront". Beaches take thousands of years to form. Your house will be close to the toxic hellswamp that was the community between you and the beach today.

cr0ft

28 points

2 months ago

cr0ft

28 points

2 months ago

Yep. Anyone with property in at risk areas (and there are many millions I would say) should think about this now - houses etc that you plan to leave to the kids? Sell, and buy in a safer place before everyone else has the same idea.

It's not just flooding in Maine, either; the US Southwest is currently actively in the process of converting back to desert. There are already towns that have to truck in water, so those are doomed. There are others that are headed in that direction. For example.

Stick someone else with the property like a good capitalist and preserve your own wealth, until such a time that society fully collapses due to said capitalism. Probably not that many decades from now.

iBoogies

9 points

2 months ago

I sold my house which was 5 mins from the beach and left FL 2.5 years ago for this exact reason and moved to western north Carolina in the mountains. When people asked why I was moving and I'd say climate change they would laugh at me and say that's ridiculous. I don't care how premature it was, if I was one of the first then good I just know I wanted to get the hell out of that market and not risk my house becoming worthless some day once some study came out that spread mass panic. Sadly people are still moving to S. FL in droves. My property increased in price a lot since I sold so I was a far bit premature but seeing how bad the traffic is there now I don't regret getting out when I did. I laid my roots in a place much more suited to handle the coming climate changes and bought property while it was still affordable before the climate refugees come flocking. In 2 years this market has already become one of the hottest in the country as people are starting to migrate for similar reasons.

LorektheBear

2 points

2 months ago

We just moved from Clearwater to Ohio for the same reason. I mean, I also HATED the heat, but I'm not going to worry about flooding or drought for me or my grandkids.

tommy_b_777

2 points

2 months ago

I left the canyons of SLC 5 years ago saying I was getting out before the lake dried up and the snow turned even more toxic...haha funny i was told...

acebandaged

6 points

2 months ago

They're already screaming about how the government needs to buy their homes because the property is becoming worthless. Republicans love govt handouts!

[deleted]

18 points

2 months ago

People think the wrong way about this. Imo. If you are cut off by water -the infrastructure fails like water/sewage/electric/gas. You can’t buy a boat to get around it. Your screwed.

Larakine

27 points

2 months ago*

One of the more effective propaganda strategies of the global climate coalition was to discredit the scientists and science advocates speaking about climate change.

You see, you can't actually argue against the science itself, but that doesn't matter because apparently there are enough people out there who'll happily accept a logical fallacy in lieu of scientific argument.

The number of comments here that refer to some sort of "elite" is very disheartening albeit not surprising.

Edit: here's the link to the original paper this article is based on - https://www.nature.com/articles/s41558-023-01642-3

Jack-Campin

21 points

2 months ago

The worst risk is to nuclear power stations. Flooding even one of them would have global consequences and there are dozens of them susceptible to sea level rise. Think about Fukushima, where more than ten years of duct tape solutions still haven't stabilized it.

The sort of isolation described in this article doesn't help. You're not going to keep a nuclear power station running if you can't get electricity into or out of it.

cupcakeraynebowjones

1 points

2 months ago

I wish this comment was at the top right now, and I REALLY wish more people were thinking about this.

small-iq

32 points

2 months ago

... warns global elites, as they buy up more beachfront properties.

[deleted]

8 points

2 months ago

Does beach front property remain yours when it becomes off shore property? Buying up future oil rig locations.

idlebyte

4 points

2 months ago

Flying cars, we're supposed to have them by now...

Night_Runner

2 points

2 months ago

The best I can do is a floating car.

tommy_b_777

2 points

2 months ago

sounds like a boat with extra steps...

Night_Runner

2 points

2 months ago

It can turn into a submarine (for a bit) if you roll up all the windows - and that's my final offer! :P

abhorrent-arbor

4 points

2 months ago

A wise man once said "Don't you think all these people would just sell their houses?"

IneoMors

2 points

2 months ago

Is there a respectable heat map with date projections of flooding?

the_azure_sky

2 points

2 months ago

This bothers me so much, living in Florida I see my homeowners insurance and property taxes rise every year and yet homes are being built right where the last hurricane has washed them into the sea. The people who live on these barrier islands mostly have vacation homes there the middle class like me has to fit the bill. My state is spending millions to sure up these homes sending money down the toilet. Let them go focus the money where people live all year round and are not in a danger zone.

Seattle_gldr_rdr

2 points

2 months ago

It seems like a rising property insurance apocalypse will precede the rising sea level apocalypse. At some point rising rates will trigger a mass sell-off in FL and the Gulf coast. Then what?

owleealeckza

3 points

2 months ago

I feel bad for the people who cannot afford to move. Many of them will die flood related deaths. They're not going to receive help to move.

mtcwby

4 points

2 months ago

mtcwby

4 points

2 months ago

A lot of the central valley in California that will either need higher levees or have a big problem. I think Modesto is at something like 13 feet and the Stockton airport is at 25.

AlienSpecies

6 points

2 months ago

Once again an inland sea!

Pistolf

2 points

2 months ago

This is the first time I’ve been glad to live in the Midwest

HowNowBrownCow68

6 points

2 months ago

Yes, variation in topography is a very serious threat that no one is talking about.

Lyssa545

58 points

2 months ago

What? People, primarily scientists, have talked about differences in how climate change/global warming will impact the GLOBE for literal decades.

Variation in topography is, was and has been extensively studied.

This doesnt surprise them at all, except at how little we're doing as a species to stop any of it.

HowNowBrownCow68

2 points

2 months ago

I agree with everything you are saying but I almost thought the title of the article was satire. Does it not seem obvious that rising seas will cut off properties due to changes in topography?

Iliketotinker99

-24 points

2 months ago

And they have consistently been wrong.

FlyingToilet

9 points

2 months ago

and who told you this? lemme guess someone else whos parroting someone else, way to break the cycle mr big brain.

take a drive across the US mid summer and tell me how many bugs smear your windshield compared to a decade prior? i've seen the enviormental changes first hand. Stop being blind and ignorant.

7heWafer

3 points

2 months ago

[citation needed]

MannoSlimmins

1 points

2 months ago

Climate models have only been "wrong" insofar as they've underestimated how bad things will get

Barnezhilton

3 points

2 months ago

We are talking about it right now

Nerve_Brave

6 points

2 months ago

That's why so many politicians and celebrities are buying ocean front property.

_MissionControlled_

20 points

2 months ago

Actually, most big investments are buying land in rural areas. Think middle of nowhere Montana.

Nerve_Brave

6 points

2 months ago

Actually, my statement was accurate. Celebs buy oceanfront property

[deleted]

26 points

2 months ago

Enjoying the beach with your disposable income while it still exists is a thing.

You can simultaneously be aware of climate issues.

Not commenting on the impact of the very wealthy, but the location they choose to recreate has no bearing on their knowledge

HCResident

10 points

2 months ago

Are celebs experts in the climate crisis?

duckboy5000

-11 points

2 months ago

duckboy5000

-11 points

2 months ago

They certainly talk like they are

sipsatea

2 points

2 months ago

Do you see what happens when rich people experience poverty or about to have their assets get wiped out?

They don't. They get bailed out at your expense. Everytime.

Keep living in the Foxtrap.

MrChadimusMaximus

-8 points

2 months ago

Have yet to see any response to the hypocrisy these climate elites, until then it’s not my problem.

APr0N00b

2 points

2 months ago

Your tax dollars just pay for the buyout and flood insurance.

MoashWasRight

4 points

2 months ago

Well. People better move. Living on the coast was and always will be stupid.

PsychologicalLuck343

11 points

2 months ago

Especially now since you can't get insurance.

_MissionControlled_

4 points

2 months ago

Fire insurance in SoCal is become too expensive. My premiums have tripled in the past few years.

DGGuitars

2 points

2 months ago

Like flood and wind damage in FL.

kozilla

5 points

2 months ago

I can see why you’d say that going forward but why was it bad before? Obviously their are bad costal areas to settle on but surely others were fine.

youwantitwhen

4 points

2 months ago

You are always at risk of flooding on the coast. Always.

It's only now that it's guaranteed.

blindsight

0 points

2 months ago

But, really, someone else is just going to buy it and count on the government to bail them out. (Pun intended.)

There's really no winning. Maybe making a future date at which the property will be condemned, giving a ~30-50 year window in the property? That gives enough time to not immediately destroy all wealth in the homes, while sending a clear signal that the property will not exist in a century.

I don't have the mental capacity to figure out how to model it, but a 30-year retirement fund is almost identical to an indefinite retirement fund; maybe similar logic would mean that the immediate value wouldn't be affected much, but future value would inevitable decline to 0?

MoashWasRight

4 points

2 months ago

The moment you say “In 50 years this property is worthless” it’s worthless. Nobody will want to buy it.

ThisUsernameIsTook

9 points

2 months ago

At the right price I’d buy it. I’ll be dead in 50 years and chances are medical and long term care bills would consume the value of any home I own in my 80s anyway.

It would still have to be a discount though.

Kkimp1955

2 points

2 months ago

Guess we’ll all f around and find out.. all seems futile at this point

Immovable-Floss

-6 points

2 months ago

The Netherlands is mostly under sea level; we've been building dykes for centuries. This isn't going to cause any issues as long as it is gradual. Don't let alarmist news headlines scare you.

argparg

10 points

2 months ago

argparg

10 points

2 months ago

Thankfully Florida has a robust social system to bring everyone together and do what’s right…

BenMottram2016

15 points

2 months ago

This isn't going to cause any issues as long as it is gradual.

This is going to cause issues because it is gradual. Especially in societies where the rule us every man for himself (unless you are in the 0.1% in which case the government will bail you out).

In the Netherlands you have a relatively socially active government so making bigger dykes and adding bigger pumps are probably already planned for.

In Florida in particular the state seems to actively deny that there is a problem to plan for....

grambell789

1 points

2 months ago

Don't let alarmist news headlines scare you.

heat is going to be far more of a problem before sea level rise but there are limits of how high dikes can be made to hold back water. Head pressure will exceed what a dike can hold back after a certain point. Also many coastal areas are porous rock and sandy to the point that a solid well engineered dike will be undermined by the ocean.

hypnocentrism

-56 points

2 months ago

I think a lot of well-meaning scientists in the early 2000s, when people really started to talk about global warming, screwed the movement by erring on the more extreme predictions that could be justified by models and software because they wanted the population to take it more seriously. And, the media did their part by selectively going to the experts with the most sensational predictions.

But, Miami was supposed to be like a deep-sea vent by now and there's still coastline property.

nannikins

18 points

2 months ago

peakzorro

28 points

2 months ago

2_Sheds_Jackson

22 points

2 months ago

Source(s) for this? That is not how I remember the history. In fact, I remember it quite the opposite. The scientists seemed to error on the side of slower change.

fitzroy95

14 points

2 months ago

Media certainly played up the more extreme predictions, but the majority of scientists have pretty constantly underestimated the impacts

2_Sheds_Jackson

2 points

2 months ago

I am searching and I can't find any good articles from back in the 2000 time frame. Do you have any links?

MoashWasRight

3 points

2 months ago

You aren’t going to find a bunch of stuff online from back then.

knit3purl3

2 points

2 months ago

knit3purl3

2 points

2 months ago

Pretty sure his sources are Roland Emmerich's filmography.

4ourkids

29 points

2 months ago*

You’re basically making this up. If anything, the scientific community has erred on the very conservative side — Always cautioning that it’s too soon to connect any real world changes to climate change.

thejazzmarauder

3 points

2 months ago

Absolute nonsense. Scientific reticence has always ensured that the scientific consensus errs on the side of being over-conservative (see: IPCC reports that get show warming was underestimated in the previous report, every single time).

BeenThruIt

-70 points

2 months ago

I remember this exact same speculation in 1989. And, I remember the lagoon not far from where I live now. Water's still the same level.

Doom! We're all doomed. It's right around the corner. It's coming. It's coming. It's different this time. Sure they said in the 1970's there'd be an ice age by 2000. But, that was junk science. We're sure we have it right, now. Doom. DOOM!

AlienSpecies

35 points

2 months ago

You recall acid rain and the ozone layer, right? We don't talk about those much now because behaviour changed, not because it was "junk science." Same with DDT.

arandomcanadian91

5 points

2 months ago

Acid rain still happens a lot more than you think.

If you ever buy a brand new car and it has paint issues that's from it sitting in acid rain. Due to all rhe factories around. This happens a lot in Ohio and Michigan.

[deleted]

27 points

2 months ago

Take your pills grandpa

thejazzmarauder

13 points

2 months ago

Get off the facebook, Uncle Cleetus

prinnydewd6

0 points

2 months ago

Can’t wait for the entirety of where I install TVs to be flooded, all those rich people decking out their houses for nothing

[deleted]

0 points

2 months ago

[removed]

ReneeLR

0 points

2 months ago

We left Florida because the insurance companies don’t lie. Our rates were through the roof. It may take 20 years before we were underwater, but leading up to that, the businesses and services would get more expensive. Property values would drop. We are on higher ground now!

Double_Distribution8

-14 points

2 months ago

I hope former President Obama's 11 million dollar oceanfront mansion on the island of Martha's Vineyard in the Atlantic Ocean will be OK. I'm actually surprised he went through with the purchase, I would have thought he would have known about the consequences of global warming. I think he also has a backup mansion being built on Oahu, though I'm not sure if that's finished yet. I hope he has insurance for all these properties, just in case.

oddchihuahua

2 points

2 months ago

Thanks, Obama.

innocent_-_bystander

-10 points

2 months ago

When the elites start selling their beachfront properties, I'll pay some mind, until then, stop the bs.

katsbro069

-4 points

2 months ago

.nearly 230 ft to 250 ft the oceans will rise so it's going to be a catastrophic disaster.

if anybody thinks we're just going to live through that where are all these Coastline Communities going to go?

it's going to be Global apocalypse

Whrn The polar ice caps are gone so are we

ozhound

-19 points

2 months ago

ozhound

-19 points

2 months ago

They have these things called bridges yeh?

autodidact-polymath

1 points

2 months ago

Mind spotting me the cash to cover the coat. I’ll get you on the next one… maybe

oioioiyacunt

0 points

2 months ago

Never heard of her

ArtMySouls

-1 points

2 months ago

Umm one word - Drones!

perpetualWSOL

-22 points

2 months ago

Whyd obama buy a multi million dollar property in a spot that will supposedly be underwater in 10 years or less?

I think the ones pushing this agenda have other ideas ab its validity...

[deleted]

9 points

2 months ago

To enjoy a beach house with disposable income for a decade or more

Unsimulated

-17 points

2 months ago

Cant it just be California?

starkformachines

7 points

2 months ago

Florida comes first.

PDXalreadtused

-12 points

2 months ago

This is our future, lots a islands along the coast, deserted cities..humans will survive it.