Nov
22
Why Are Real Estate Values Not Collapsing In New York, Miami, And Los Angles?
ByIt would seem logical that if the oceans are going to rise several feet, investments in these cities would be stupid.
It would seem logical that if the oceans are going to rise several feet, investments in these cities would be stupid.
4 Comments
November 22nd, 2009 at 12:51 pm
(1) Because the ocean is rising slow enough that only properties very near the shore will be affected over the next several decades.
(2) Real estate values have been dropping dramatically in all those places for other reasons.
November 22nd, 2009 at 1:49 pm
Good Question, but I don’t think any of us need to worry about it.
Human caused Global Warming is the biggest scam in the history of earth. If Al Gore was worried about Global Warming would he fly a private jet all over the country telling people to stop driving their cars? NO. How much cash is he making from the Global Warming Hype? I remember in the 70’s when we were going into a “major” ice age. 30 years later the earth is going to burn up. In another 30 years it will be back to certain Ice Age. What a joke.
Try getting a government grant to study natural global warming and cooling. You won’t be able to get one. They only give money to people that study how humans are the cause.
November 22nd, 2009 at 4:09 pm
1. Some people don’t belive in global warming.
2. Some people think we can just build a big dike around the whole country.
3. People don’t plan ahead.
Other than that, you are absolutely right.
November 22nd, 2009 at 7:23 pm
New York would be stupid since the high water may clean up the city. L A has seen a drop in prices.