G wrote: "Relocating a small village or town pales in significance to relocating billions of people, and moving $trillions in infrastructure, out of the flood zones."
But that's exactly why it is worth looking at how the gov is handling these early cases. It may throw some light on how they may approach these larger inevitable dislocations, don't you think?
KaiserJeep wrote:As for my personal plans - I am buying beachfront property on Lake Michigan, most likely next year. That lake happens to be 577 feet of elevation above the Atlantic ocean, and the recent "1000 year floods" caused a dramatic 1.3" increase in water levels, because the Great Lakes water levels are regulated by the locks of the St. Lawrence Seaway system - the extra rain increased the flow through the lock bypass channels, but otherwise made no difference. They are also the largest bodies of fresh water in the world, and living on the shores of these lakes moderates the average temperature extremes both Summer and Winter by about 8 degrees F.
I am making plans to survive CC, by moving North and settling on the shores of a huge fresh water supply that moderates the temperature variations and keeps the shoreline water table high. There are no nearby oil shales, oil or gas wells, or coal mines - the search for and fracking for FF's will not ever impact this area. It is some of the most productive farmland and dairy lands in the country, food is cheap. They grow a lot of corn and E85 fuel is currently $1.79 per US gallon, and not likely to get a lot higher any time soon. There are constant breezes at the shore, and both wind and solar power are available and dependable.
All this I have thought through....
Ibon wrote:Hawkcreek wrote:GHung wrote:Ibon said; "So this would instantly overnight crash the coastal property market."
Fine with me. I grew up going to fairly pristine southeastern beaches that only had a few shacks on them. All gone now, replaced by major developments with many detrimental consequences. It's my opinion that these newer developments should not only be held fully responsible for their own insurance, but should be required to post bonds for the inevitable deconstruction and clean-up costs as they are forced to move.
Again, I'm tired of paying for clean-up and reconstruction every time another storm hits the Carolina coast. These were for-profit enterprises that I didn't benefit from, and shouldn't be required to subsidise in any way. Just another reason I work to minimise my tax liability in a legal manner, primarily by minimising my taxable income.
Total agreement with you on this.
I think we are all totally in agreement with this. But that is not the point of this line of inquiry, it is not about what we disagree or agree with, it is about trying to prognosticate the macro shifts that will happen in the economy, culture and physical environment. It not about what any of us wish for.
We need to improve on cultivating a more clinical and detached objectivity when anticipating the future. Model yourself a bit more like mother nature, the ultimate objective arbiter of our fate!
In reference to this topic it is not hard to imagine that at some point the government will no longer be able to back up the insurance industry, the rates will skyrocket, the banks wont issue mortgages without insurance. These pressures elevate to the point where the market abandons coastal properties. This will happen with intense storms of more frequency as sea levels slowly rise.
Hawkcreek wrote:I meet snowbirds from Michigan all the time, down in the southwest. They are all bitching about the winters back home and enjoying the BBQ at their campsites.
All that fresh water gets hard when it is 20 degrees below zero outside.
But to a 4 season Californian (Fire, flood, earthquake, and drought), that will seem like heaven, I'll bet.
KaiserJeep wrote:The silliness around here gets really deep sometimes. People bitching and moaning all the time about AGW, carbon dioxide levels in the atmosphere, and overshoot population.
Newfie wrote:Ghung,
I Tom Ibon to be talking to the select few on this board. We should strive for clarity as the world devolves around us. That's what I heard anyway.
Newfie wrote:A relevant news bit.
AMTRAK haggling and sueing to recoup insurance claims due to Sandy.
http://mobile.reuters.com/article/domes ... 1629C?il=0
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