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OK. So Trump is the coming president, and GW is real and Trump will not handle it properly. So it is very likely GW bad predictions are going to happen. My ques
by xname2 10y ago
OK. So Trump is the coming president, and GW is real and Trump will not handle it properly. So it is very likely GW bad predictions are going to happen. My question is: why there is no massive sell of beach houses?
a) Most beach house owners are GW deniers.
b) Most beach house owners have strong confidence of the future government.
c) Most beach house owners are extremely rich so they don't care.
How about those who are GW believers, and seriously think it is critical timing for action rightnow, and have uncertainty about future government, and are not extremely rich. Are they selling houses and moving to inland?
I think it is a pretty good test of how many people seriously believe GW. Do not tell me the incentive of home value is not strong enough.
- philipkglass 10y agoIndividuals are pretty poor at making personal decisions on the basis of risks that are well-proven numerically but not tangible from personal experience. Why do millions of Americans still smoke cigarettes? Do most smokers have awesome health plans and optimism about medical research so they assume that cancer treatment will be pleasant and affordable in the future? I think it's a pretty good test of how many people seriously believe cigarettes are carcinogenic. Do not tell me the incentive of a miserable premature death is not strong enough.
- xname2 10y agoThere are people keep smoking, but there are also people quit smoking because of knowing it's unhealthy. My question is why don't we see massive sell of beach houses. My question is NOT why there are still people not selling their beach houses.