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0 pointstoomuchtodo6y ago0 comments

Lots of Florida will escape sea level rise, and the benefits (lower cost of living, no state income tax, tropic climate with no snow) can be realized immediately. You care even less if you’re a renter or >10 feet above sea level.

Migration numbers don’t lie, lots of folks love Florida, or at least like it enough to move and stay put.

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glofish6y ago

Are you saying that if you are 10 ft above water you'll be fine in Florida even when areas under 10ft flood?

I really doubt that. It is not about actually losing your home, it is about quality of life, the main reason for moving there in the first place.

There will be a big cost of any flooding, borne by all Floridians

toomuchtodoOP6y ago

Yes, and Florida real estate market fundamentals as well as the mortgage bond market and property insurance support my thesis. I specifically paid for sea level rise models before buying Florida real estate, and will likely sell before I die and sea level rise has meaningfully occurred. I-4 and I-75 will be untouched, and other infra is already designed around the Florida environment (hurricanes, high water table). Stay away from the coast, build to current code, and you’ll be fine. Storm surge is your primary coastal concern.

Miami aquifer sea water intrusion is a different issue, but I’m not in Miami. Due to Florida’s population, federal funds are likely to be requested and paid out to mitigate the worst effects. Plenty of water to desal with cheap wind and solar.

glofish6y ago

I am curious to see how this works out long term.

There is a lot of alarmism, but mostly where alarmism also sells copies.

There is wisdom in crowds, no question about that - we would be foolish to ignore that. Lots of people move to Florida.

lotsofpulp6y ago

> Due to Florida’s population, federal funds are likely to be requested and paid out to mitigate

It’s Florida’s population and the fact that it’s a swing state. We really need to get rid of the electoral college. I love how the same voters in Florida that vote for candidates that bail out Florida will vote against any measure to provide broad subsidies like universal healthcare or education.

Of course, it just so happens many Florida voters are over 65 and done with education and already have taxpayer funded healthcare (Medicare), and get nice taxpayer subsidies on their flood zone homes (NFIP). But why extend that courtesy to the rest of the country.

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endothrowho3336y ago

Curious, what areas did you find most inciting?

j / k navigate · click thread line to collapse

0 comments

glofish6y ago

Are you saying that if you are 10 ft above water you'll be fine in Florida even when areas under 10ft flood?

I really doubt that. It is not about actually losing your home, it is about quality of life, the main reason for moving there in the first place.

There will be a big cost of any flooding, borne by all Floridians

toomuchtodoOP6y ago

glofish6y ago

I am curious to see how this works out long term.

There is a lot of alarmism, but mostly where alarmism also sells copies.

There is wisdom in crowds, no question about that - we would be foolish to ignore that. Lots of people move to Florida.

lotsofpulp6y ago

> Due to Florida’s population, federal funds are likely to be requested and paid out to mitigate

1 more reply

endothrowho3336y ago

Curious, what areas did you find most inciting?

j / k navigate · click thread line to collapse