2 ms·
My understanding of the situation is no one has even proposed a "very costly plan to save Miami." This is Venice on an accelerated time scale. Miami pales in co
by zmanian 12y ago
My understanding of the situation is no one has even proposed a "very costly plan to save Miami." This is Venice on an accelerated time scale. Miami pales in comparisons proportionate wealth and power when Venice started sinking in earnest.
I'd be very reluctant to short Manhattan real estate because protecting Manhattan from higher sea levels is merely an engineering challenge and affordable relative to NYC economic output. Manhattan is basically made out of granite. South Florida on porous limestone.
Miami seems f'd to me.