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Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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Originally Posted by Ultrarunner
There are winners and losers...
Friends of the family are pioneers in the Washington Grape Industry... they say climate change or more specifically the warmer weather and lack of extreme cold results in conditions more favorable to viticulture and it gets better as time goes on.
One thing I have noticed leaving for work very early (5am) is that so far this year there has only been frost 5 days so far (counting this morning). Normally we could get frost as early as late October. In my unheated greenhouse there are still tomatoes ripening. Many people around the Seattle area are happy to see the climate a few degrees warmer, more comfortable, no crippling snow events for several years, but with plentiful water continuing.
Will lack of water become a factor in new real estate development? Will places that receive lots of rain become more popular? Do places like Miami Beach which most agree is suffering from higher tides become less popular? ( Google sea level rise Miami Beach etc for some good articles).
By now few people dispute climate change-- over 90% of the scientists agree on it - (some disagree as to the relative causes though) and 90% of those who didn't graduate high school perhaps disagree. This really is not the forum for that discussion - Im sure it was plentiful on other threads-- this is about how it affects REAL ESTATE.
Man will adapt to climate change. There will be many positives, and most of the negatives can be overcome with human ingenuity. Places that receive lots of water can transport it to others that need it. Cities can be rebuilt inland, creating untold jobs, opportunities, and financial wealth. Formerly cold areas that get warmer can be transformed and terraformed into new agriculture and other human uses. So real estate will be affected locally, sometimes negatively in flood-prone areas, but the aggregate will be a resplendent positive. Remember, climate change happens slowly, we are talking a few degrees rise over 100 years. And that assumes the accuracy of modeling and forecasting. Which is a big if, because scientific atmospheric modeling is woefully inadequate and incompetent now and in the foreseeable future. So the predictions are basically educated guesses. We can watch slowly, enjoy life, use fossil fuels, and see what happens, adjusting rationally and deliberatively over time. The key is to let the climate do whatever it will actually do, then observe it, then adapt to it. Real estate markets will reflect those adaptations.
Friends of the family are pioneers in the Washington Grape Industry... they say climate change or more specifically the warmer weather and lack of extreme cold results in conditions more favorable to viticulture and it gets better as time goes on.
England was once known as a prime viticulture location...I think around the time of the Romans.
Will lack of water become a factor in new real estate development? Will places that receive lots of rain become more popular? Do places like Miami Beach which most agree is suffering from higher tides become less popular? ( Google sea level rise Miami Beach etc for some good articles).
By now few people dispute climate change-- over 90% of the scientists agree on it - (some disagree as to the relative causes though) and 90% of those who didn't graduate high school perhaps disagree. This really is not the forum for that discussion - Im sure it was plentiful on other threads-- this is about how it affects REAL ESTATE.
Certainly, but I don't think lack of water is a Climate Change thing, more of a "Florida is Growing too Fast" thing. Climate Change will be the most concerning for folks that are threatened by immediate sea level rise.
Forest fires are, in part caused by Climate Change, but they can also be better managed, and historically our Forests were better managed, by logging and prescribed burns. You don't have to clear cut the whole thing to make for better fire management.
Climate change is an inevitable part of our history and future. The rate of change will probably vary just as it has in the past. Anyone who thinks change is inescapable is crazy. My point in showing the most recent market data for the Miami market was simply to show that whatever the future effects of climate change might be in the Miami market, at this time there doesn’t appear to be any deleterious affect on sales or prices.
Some can play forecasting games (in both real estate and climate change) and that’s fine...speculation is as much a part of investment decision making as past performance...but I think you have to give due consideration to current conditions, too.
Climate change is an inevitable part of our history and future. The rate of change will probably vary just as it has in the past. Anyone who thinks change is inescapable is crazy. My point in showing the most recent market data for the Miami market was simply to show that whatever the future effects of climate change might be in the Miami market, at this time there doesn’t appear to be any deleterious affect on sales or prices.
Some can play forecasting games (in both real estate and climate change) and that’s fine...speculation is as much a part of investment decision making as past performance...but I think you have to give due consideration to current conditions, too.
Yeah...I think its like referring to a singular weather event, or exceptionally hot or cold season, as evidence for or against climate change...Well, maybe, but Florida has had hurricanes for a long long time...
I don't think California will ever empty out. That place is overcrowded, on fire and has no water, but people are still flocking there. It could get blown up in a nuclear explosion and there are many who would try to sell you on radiation poisoning being a new beauty treatment.
California is doing just fine. The economy is growing and Gov Brown will leave office with a $6 billion surplus-- you don't say where you live but unless its Massachusetts, your state will never have the higher education capabilities as Cal with both Berkeley and Stanford and a great University of California System. They lead the nation in hi-tech, health sciences and agriculture (outside of corn and wheat perhaps). I live in Texas and although we have some hi-tech, agriculture and the University of Texas ( great school) , we can't rival Cal.
California is doing just fine. The economy is growing and Gov Brown will leave office with a $6 billion surplus-- you don't say where you live but unless its Massachusetts, your state will never have the higher education capabilities as Cal with both Berkeley and Stanford and a great University of California System. They lead the nation in hi-tech, health sciences and agriculture (outside of corn and wheat perhaps). I live in Texas and although we have some hi-tech, agriculture and the University of Texas ( great school) , we can't rival Cal.
You don’t have to “rival” California. You can just go there and take advantage. Their residents can come to you also. It’s all part of the United States. Every state has some things no other states have. But it is one country, and California is just a place like any other. People tend to invent boundaries where none really exist. What does “leading the nation” even mean? Nothing, that’s what.
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