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South Florida is questionable from a water perspective. Northwest & northeast FL have a bit more flexibility, as they're at the end of river systems. Per local
by ethbr0 5y ago
South Florida is questionable from a water perspective. Northwest & northeast FL have a bit more flexibility, as they're at the end of river systems.
Per local radio news interviewing a university professor of real estate economics this morning, current prices are retirement surge from other states (due to market run) + supply / demand imbalance (due to firms going bust post-2008 and consequently new starts lagging population growth for years).
Fundamentally, Florida has always been linked to CA & NY via retirement, as FL prices are defined by what you could sell real estate out of state for (e.g. after kids move out).
- WaitWaitWha 5y ago> South Florida is questionable from a water perspective Are you referring to fresh water? https://en.wikipedia.org/wiki/Floridan_aquifer https://en.wikipedia.org/wiki/Floridan_aquifer
- ethbr0 5y agoThe problem for Miami, as I understand it, is that the permeability and depth of the upper aquifer is pretty delicately balanced with sea level. Higher sea level (even a smidge) results in increased saltwater infiltration into the freshwater aquifers they're drawing from. Which is a problem when you're Miami-sized and growing population. I think Tampa / Orlando, and certainly Jacksonville and Pensacola, have more favorable geology and surface water.
- autoexec 5y agoBetween sea level rise and worsening storms I think I'd put off making long term investments in a most coastal areas, but presumably folks retiring won't live long enough to see the worst of what's coming. I'll bet Florida will remain a great place to die for a while still.
- ethbr0 5y agoIt's hard to beat 70/50°F in the middle of winter. And no wildfires! (Disclaimer: occasionally too much water and wind)
- seanmcdirmid 5y agoFlorida definitely has wildfires. I’ve driven through a few going through the middle of Florida.
- Kye 5y agoUpper Florida has to contend with Georgia's farms as they try to accommodate an ever-densifying northeast metro Atlanta. This happened during the last big drought: https://en.wikipedia.org/wiki/Tri-state_water_dispute https://en.wikipedia.org/wiki/Tri-state_water_dispute We might catch a break from climate change as the amount of water coming from the Gulf increases, but that comes with its own problems. Especially with the polar vortex creeping further south in the cold months.
- ethbr0 5y agoIt's funny when local jurisdictions and/or states tangle with Army Corp of Engineers and/or railroads, and find out just how much authority Congress granted them. Precisely because their job function requires them to work across states.
- bearbearbear 5y ago