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.