Climate Change is Real. When Do We Start Moving?

 

Climate Change Real Estate

Evidence for climate change is all around us these days. With weather extremes ranging from super-typhoons in Asia to an eerily quiet 2013 Atlantic hurricane season potentially setting us up for some serious Gulf Stream weirdness next year, neither highly-informed climate scientists OR the mush-brained idiots claiming climate change isn’t a thing have any idea what’s going to happen next. All of which raises the question: is it time to move?

If you think I’m being excessively crazy-pants this morning, consider what astrophysicist, net-celebrity, and all-around smart guy Neil deGrasse Tyson. He recently said that “all climate scientists should announce they’re going to take their entire life savings and invest in industries that will thrive under the conditions of global warming. All those in denial of global warming – which tends to be some of the wealthier people of the nation – won’t do that. As global warming unfolds, that will be the greatest inversion of wealth the world has ever seen. That’s all it takes.”

That’s some smart-thinking there – and, because most people’s wealth (especially the “middle class”) is tied up in real estate, moving might be the simplest way for us to accomplish that en masse. Here’s how you do it.

First, head over to this Gas 2 post from earlier in the month that highlighted which areas would get hit hardest by climate change the soonest.

Second, if you live in one of the “hot spots” like New York, Florida, Arizona, Texas, or California, you need to leverage whatever assets you have and use them to buy a home someplace along the Great Lakes, which will probably survive with a milder climate for longer. Find the right, trendy, “walkable” neighborhood using a tool like Point2 Homes to find lake or river-accessible neighborhoods “on the rise”.

Third, wait. Once the exodus from places like Miami, Austin, and Brooklyn kicks into high gear, you’ll have the prime real estate already cornered. Charge whatever you want to rent out your sweet pad to the amoral s***bags who killed the coasts with their oil and gas bulls***, and laugh heartily as you do so.

No need to thank me, guys. Thank Neil- it was his idea.

 

Original content form Gas 2.






About the Author

I’ve been in the auto industry 1997, and write for a number of blogs in the IM network. You can also find me on Twitter, at my Volvo fansite, or chasing my kids around Oak Park, IL.

  • Marc P.

    Beat you to it…, bought my first house two years ago and one of my first concerns was that it be “on high ground”. No flooding here ! And I happen to be close to the Great Lakes… so I’m all set !

    • klem

      Its always prudent to build your house on high ground. If your house is on the south side of the Great Lakes, you especially made the right call. If your house is on the north side, it might not have been necessary. Its due to post glacial rebound, obviously something that Joe Borras knows nothing about.

      check this link:

      http://www.unavco.org/community_science/science_highlights/glacial_rebound/glacial_rebound.html

      cheers

      • The north side is in Canada … that’s another batch of problems.

        • klem

          Exactly. Oooh those oil worshiping Canadians, I hate those guys!

          • It’s like Texas, only polite. Like, passive-aggressive polite! LOL

    • As am I, good sir. I posted this after the closing.

  • Wiggletoes

    New Yorkers will not leave, so it may be better to own those companies that can build the necessary surge protection around NYC. It may cost US in the range of $300b.

    • New Yorkers won’t leave? An added bonus!

      Here’s another one: Florida would entirely disappear, per Gizmodo.

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