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Are you saying that if you are 10 ft above water you'll be fine in Florida even when areas under 10ft flood? I really doubt that. It is not about actually losi

Are you saying that if you are 10 ft above water you'll be fine in Florida even when areas under 10ft flood? I really doubt that. It is not about actually losing your home, it is about quality of life, the main reason for moving there in the first place. There will be a big cost of any flooding, borne by all Floridians

toomuchtodo 7y ago
Yes, and Florida real estate market fundamentals as well as the mortgage bond market and property insurance support my thesis. I specifically paid for sea level rise models before buying Florida real estate, and will likely sell before I die and sea level rise has meaningfully occurred. I-4 and I-75 will be untouched, and other infra is already designed around the Florida environment (hurricanes, high water table). Stay away from the coast, build to current code, and you’ll be fine. Storm surge is your primary coastal concern. Miami aquifer sea water intrusion is a different issue, but I’m not in Miami. Due to Florida’s population, federal funds are likely to be requested and paid out to mitigate the worst effects. Plenty of water to desal with cheap wind and solar.
- glofish 7y ago
  I am curious to see how this works out long term. There is a lot of alarmism, but mostly where alarmism also sells copies. There is wisdom in crowds, no question about that - we would be foolish to ignore that. Lots of people move to Florida.
- endothrowho333 7y ago
  Curious, what areas did you find most inciting?
- lotsofpulp 7y ago
  > Due to Florida’s population, federal funds are likely to be requested and paid out to mitigate It’s Florida’s population and the fact that it’s a swing state. We really need to get rid of the electoral college. I love how the same voters in Florida that vote for candidates that bail out Florida will vote against any measure to provide broad subsidies like universal healthcare or education. Of course, it just so happens many Florida voters are over 65 and done with education and already have taxpayer funded healthcare (Medicare), and get nice taxpayer subsidies on their flood zone homes (NFIP). But why extend that courtesy to the rest of the country.
  - toomuchtodo 7y ago
    The more people your state has, the more representation it has in the Congressional House. This isn’t about the electoral collage, but representation in general. States with more people should have access to a proportional amount of funding.
    - lotsofpulp 7y ago
      A swing state’s votes are worth far more than a non swing state. You get the executive branch (president) plus the judicial branch (president picks Supreme Court justices). And almost universally, states with less population receive more in federal tax benefits than states with more population, since they have more congressional power per capita: https://www.businessinsider.com/federal-taxes-federal-services-difference-by-state-2019-1 https://www.businessinsider.com/federal-taxes-federal-servic...

toomuchtodo 7y ago

Yes, and Florida real estate market fundamentals as well as the mortgage bond market and property insurance support my thesis. I specifically paid for sea level rise models before buying Florida real estate, and will likely sell before I die and sea level rise has meaningfully occurred. I-4 and I-75 will be untouched, and other infra is already designed around the Florida environment (hurricanes, high water table). Stay away from the coast, build to current code, and you’ll be fine. Storm surge is your primary coastal concern. Miami aquifer sea water intrusion is a different issue, but I’m not in Miami. Due to Florida’s population, federal funds are likely to be requested and paid out to mitigate the worst effects. Plenty of water to desal with cheap wind and solar.

glofish 7y ago
I am curious to see how this works out long term. There is a lot of alarmism, but mostly where alarmism also sells copies. There is wisdom in crowds, no question about that - we would be foolish to ignore that. Lots of people move to Florida.
endothrowho333 7y ago
Curious, what areas did you find most inciting?
lotsofpulp 7y ago
> Due to Florida’s population, federal funds are likely to be requested and paid out to mitigate It’s Florida’s population and the fact that it’s a swing state. We really need to get rid of the electoral college. I love how the same voters in Florida that vote for candidates that bail out Florida will vote against any measure to provide broad subsidies like universal healthcare or education. Of course, it just so happens many Florida voters are over 65 and done with education and already have taxpayer funded healthcare (Medicare), and get nice taxpayer subsidies on their flood zone homes (NFIP). But why extend that courtesy to the rest of the country.
- toomuchtodo 7y ago
  The more people your state has, the more representation it has in the Congressional House. This isn’t about the electoral collage, but representation in general. States with more people should have access to a proportional amount of funding.
  - lotsofpulp 7y ago
    A swing state’s votes are worth far more than a non swing state. You get the executive branch (president) plus the judicial branch (president picks Supreme Court justices). And almost universally, states with less population receive more in federal tax benefits than states with more population, since they have more congressional power per capita: https://www.businessinsider.com/federal-taxes-federal-services-difference-by-state-2019-1 https://www.businessinsider.com/federal-taxes-federal-servic...