Climate change Insurance, buy land somewhere else.

JLW

Diamond Member
Sep 16, 2012
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This fall, the United Nations stunned the world when it released a report saying that if no action was taken, the catastrophic effects of climate change could be felt as early as 2040. It painted a bleak picture of a world plagued by fires, food shortages, extreme heat, droughts, floods and disease. Entire populations might have to migrate away from coastal or Southern cities. There would be a strain on resources and damage to the economy. Some believe that prices on Northern land will surge.

“It’s going to be a slow, gradual burn, if you will,” said Vivek Shandas, founder of the Sustaining Urban Places Research Lab at Portland State University. “But there will be destabilization, and it will all happen in the foreseeable future.”

Then, late last month, the federal government issued a report concluding that climate change would cause hundreds of billions of dollars in damage, and as much as 10 percent of the American economy could be destroyed by 2100 because of rising temperatures.

There is one group, however, that is slightly less anxious than the rest of us about this news: a small number of young professionals who are preparing homes away from the places where climate change is expected to strike the hardest. They are following in the footsteps of billionaires like Peter Thiel, who is investing in real estate in New Zealand in case a climate apocalypse occurs. Although they are doing it on a far more affordable scale.

They have studied maps and research that show the areas of the country that will be less affected by devastation, either because of geography or an ample supply of natural resources. And they are optimistically buying land and homes in these areas, many of them mentioned in an article published in Popular Science in December 2016 titled “These will be the best places to live in America in 2100 A.D.,” which has amassed 28,000 views in the past six months and gets about 100 Google search hits a day.......

Climate Change Insurance: Buy Land Somewhere Else

See also, These will be the best places to live in America in 2100 A.D.
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Of course in my own discussion with many financial and insurance professionals they are likewise making plans for the on-set of the worst affects of climate change. Expect insurance premiums to rise as well as the potential end of the 30 year mortgage, provided that you can even get any mortgage on coastal property in the future.

The biggest deniers,at least on this board and others, is the Floridian dolt. The dolt who lives in the state that has the most to lose when temperatures and sea levels rise. The dolt that constantly votes against those that see the dismal future ahead and wishes to take action on climate change.

Since deniers are in power in this country and increasingly in certain places around the world, like Brazil, there is not much hope that we can contain the worst affects of climate change, at least not yet.

I suspect that down the road the effects of climate change, already abundantly evident, will be too great even for most doltish Floridian.

The smart ones are preparing for the changes coming at us, not that even living up north will save you if the effects are even worse than expected.
 
This fall, the United Nations stunned the world when it released a report saying that if no action was taken, the catastrophic effects of climate change could be felt as early as 2040. It painted a bleak picture of a world plagued by fires, food shortages, extreme heat, droughts, floods and disease. Entire populations might have to migrate away from coastal or Southern cities. There would be a strain on resources and damage to the economy. Some believe that prices on Northern land will surge.

“It’s going to be a slow, gradual burn, if you will,” said Vivek Shandas, founder of the Sustaining Urban Places Research Lab at Portland State University. “But there will be destabilization, and it will all happen in the foreseeable future.”

Then, late last month, the federal government issued a report concluding that climate change would cause hundreds of billions of dollars in damage, and as much as 10 percent of the American economy could be destroyed by 2100 because of rising temperatures.

There is one group, however, that is slightly less anxious than the rest of us about this news: a small number of young professionals who are preparing homes away from the places where climate change is expected to strike the hardest. They are following in the footsteps of billionaires like Peter Thiel, who is investing in real estate in New Zealand in case a climate apocalypse occurs. Although they are doing it on a far more affordable scale.

They have studied maps and research that show the areas of the country that will be less affected by devastation, either because of geography or an ample supply of natural resources. And they are optimistically buying land and homes in these areas, many of them mentioned in an article published in Popular Science in December 2016 titled “These will be the best places to live in America in 2100 A.D.,” which has amassed 28,000 views in the past six months and gets about 100 Google search hits a day.......

Climate Change Insurance: Buy Land Somewhere Else

See also, These will be the best places to live in America in 2100 A.D.
***********************************************************************************************

Of course in my own discussion with many financial and insurance professionals they are likewise making plans for the on-set of the worst affects of climate change. Expect insurance premiums to rise as well as the potential end of the 30 year mortgage, provided that you can even get any mortgage on coastal property in the future.

The biggest deniers,at least on this board and others, is the Floridian dolt. The dolt who lives in the state that has the most to lose when temperatures and sea levels rise. The dolt that constantly votes against those that see the dismal future ahead and wishes to take action on climate change.

Since deniers are in power in this country and increasingly in certain places around the world, like Brazil, there is not much hope that we can contain the worst affects of climate change, at least not yet.

I suspect that down the road the effects of climate change, already abundantly evident, will be too great even for most doltish Floridian.

The smart ones are preparing for the changes coming at us, not that even living up north will save you if the effects are even worse than expected.
Rising oceans must be why Obama bought a mansion on the beach.
 
Geeze. Thought Al Gore laughed his way to the bank after his Climate Change gig.

Seems the UN will be hosting the next gig.
 

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