John J. Bannan
06-29-07, 10:44 AM
Is global warming really going to flood the coasts, such that current beach front property will be under water in 100 years?
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View Full Version : Beachfront property: To sell or not to sell? John J. Bannan 06-29-07, 10:44 AM Is global warming really going to flood the coasts, such that current beach front property will be under water in 100 years? Baron Max 06-29-07, 12:52 PM If you're worried about what might happen in a 100 years, perhaps you shouldn't buy anything! Baron Max shorty_37 06-29-07, 12:56 PM do you plan on being here in 100 yrs? spidergoat 06-29-07, 12:58 PM I would sell it anyway, it's always risky to build there. Beaches tend to erode more than they have in the past... John J. Bannan 06-29-07, 01:03 PM Well, if the general public really believed that beach front property would be underwater in 100 years, the value of beach front property would plummet. There's a buck in that, isn't there? Baron Max 06-29-07, 01:06 PM I would sell it anyway, it's always risky to build there. Beaches tend to erode more than they have in the past... It might erode, but a house built on a platform on piers drilled down to China would remain forever, perhaps longer. So you could have an oceanfront property even if you had to have a helicopter to get to it. Value is relative. Baron Max nietzschefan 06-29-07, 01:11 PM Is global warming really going to flood the coasts, such that current beach front property will be under water in 100 years? Yes. |