Rising Sea Levels Reshape Miami’s Housing Market

Discussion in 'Environment' started by abu afak, Apr 20, 2018.

  1. abu afak
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    abu afak ALLAH SNACKBAR!

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    This has been going on in many places in the nation for decades.
    Now one of the biggest victims of AGW showing evidence of what is to come.
    For all you warming deniers: you Clowns who say "it's colder than normal in Chicago today, so it can't be warming".
    Would you write a 30 year mortgage on a Miami waterfront house?

    Rising Sea Levels Reshape Miami’s Housing Market
    Properties on the coast now trade at Discounts as flood waters and ‘king tides’ damp enthusiasm for oceanfront living
    By Laura Kusisto and Arian Campo-Flores
    Wall Street Journal - April 20, 2018
    Rising Sea Levels Reshape Miami’s Housing Market

    MIAMI—Concerns over rising sea levels and floods are beginning to reshape one of the country’s largest housing markets, with properties closer to sea level now trading at discounts to those at higher elevations.

    Research published Friday in the journal of Environmental Research Letters shows that single-family homes in Miami-Dade County are rising in value more slowly near sea level than at higher elevations, as buyers weigh the possibilities of more-frequent minor flooding in the short term and the challenge of reselling...
    [....]​

    balance by subscription, but you get the picture.
    `
     
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    Last edited: Apr 20, 2018
  2. Zander
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    Zander Platinum Member

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    Truly amazing that coastlines and sea levels never changed in all of recorded history until now, thanks to "Global warming".

    :rofl:
     
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  3. Tijn Von Ingersleben
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    Tijn Von Ingersleben Gold Member

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    It's colder than normal in Chicago...it can't be global warming!
     
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  4. depotoo
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    depotoo Gold Member

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    No, they rise more slowly after significant hurricanes.

     
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  5. flacaltenn
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    flacaltenn Senior Mod Staff Member Senior USMB Moderator Gold Supporting Member

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    Uh.. You might to glance at the evidence before you flee like a lemming from Miami real estate.

    [​IMG]

    I'm gonna call the linear estimate about 30mm in 20 years. Which is FAR BELOW the world average. Which is 1.5mm/yr or 15mm/decade. For those of you with yardsticks -- that's 0.6" inch per decade.

    The much larger problem is WHERE the newer parts of miami are being built. Everyone wants waterfront property or views and it was used up YEARS ago. And all of Florida is a big wet sponge. You ever flown over it? I was a private pilot in Florida for years. Looks EXACTLY like a wet sponge.

    Water tables right near the coast are even more fickle than inland.

    Anyways.. If you can't change consumer demand and CONTINUE to build right on the beach or waterways and YOU KNOW there's gonna hurricanes --- 6" of sea level rise shouldn't STOP your engineering plans. If you can't DEAL with 0.6" of sea level per decade --- you're NOT gonna survive hurricanes anyways.
     
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  6. flacaltenn
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    flacaltenn Senior Mod Staff Member Senior USMB Moderator Gold Supporting Member

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    Absolutely if I can sell it in 30.. If it can't stand 1.8" of supposed "global warming" SLRise, you're gonna be DEAD MEAT in a 12 FOOT storm surge or the annual Florida monsoons.
     
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  7. sparky
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    sparky Gold Member

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    Nibblin' on sponge cake,
    watchin' the sun bake;
    All those deniers addicted to oil
    Sucking the CO , and Big oil BS
    Tempers in Congress begining to boil


    Wasted away in the Oilocracy
    Claiming all alt energy shill gain
    Same folks claim middle east is insane
    But I know my addiction ain't changed


    Some think it's treason, Redfords lost reason
    With all his tar sands spillage ado
    I liked him as sundance, so i gave him a chance
    But wonder if he's got the slightest of clues.


    Wasted away again in Oilocracy,
    Searchin' through those kocktopus vaults.
    Some people claim them cannuck pipelines ashame
    But I know..... it's my SUV's fault.



    I love when they flip flop,
    and claim we're all on top
    Tell us the troops will be coming back home.
    But there's crude in the pipeline
    And soon it will refine
    That dark brown concoction that helps me drive on.


    Wasted away again in Oilocracy,
    Listening to them oilman explain
    Some people claim climate change is their blame
    But I know ......it's all just a game
    Yes i know..... it's all just a game


    {w/apologies to parrotheads everywhere}

    ~S~
     
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  8. Dale Smith
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    Dale Smith Gold Member

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    Here is your "Climate change/ global warming" cause.....it's called stratospheric aerosol injection spraying as part of the (snicker) "Solar Radiation Management Program" that they claim they are not doing yet. The spraying of heavy metal nano-particulates into the ionosphere is creating the very problem the IPCC claims is due to serfs eeking out a living.......do these skies look normal to you???


    16684206_10154604029497585_2078984842577058250_n.jpg 11329837_1654176531468700_4213007065648290327_n.jpg
     

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  9. Bleipriester
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    Bleipriester Freedom!

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    We need more pollution. This would shield us from to many sun rays.
     
  10. C_Clayton_Jones
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    C_Clayton_Jones Diamond Member

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    Sorry, there’s no such thing as ‘sea-level rise’ – ask any rightwing nitwit.

    The water’s just getting wetter.
     
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