3 ms·
Property values are going up in Miami because it's 50 years away problem in a 5-10 year world. Everyone is buying and selling and hoping they won't be the perso
by yardie 10y ago
Property values are going up in Miami because it's 50 years away problem in a 5-10 year world. Everyone is buying and selling and hoping they won't be the person left holding soggy property. The city is already planning for the floods. New construction has to shops and parking on the ground floor. 2nd and 3rd floor has to be planned to be street accessible. That means when the street is eventually filled in the 2nd floor becomes the ground floor.
Now where they will get all that material to fill in the street is a good question.
- M_Grey 10y agoUntil recently I wouldn't have disagreed with a word of your post, but now... I think 50 years is probably optimistic. It seems more like 30 or so where Miami is concerned, and that means that the inevitability of it all should actually start to emerge (at least for some) in 10-15 years. The rest of what you're saying I'm totally on board with, but I think the answer is: denial is like a crappy superpower.