[airics]

Originally Posted by longviewJoe

I'd wait 4 years and then buy. Going to be more new homes being built during those 4 years. New 55+ Lenar Heritage (I think it is) being built in Summerlin soon. They might start in that price range!? Sunstone is a brand new development that doesn't even start until next year so in 2021 should be ripe in 4 years.

I would also wait. Do not rent the house out, it can get destroyed.

[Mike from back east]

A lot can change in four years.

Health can go bad, the economy can sink, and neighborhoods can decline. Tax laws can change for better or worse. Drought and water issues may worsen .... some people are already fleeing to the upper midwest for cooler, wetter living.

Personal tastes in finishes and decorating can change. There will be rapid advances in home technology, appliances and subsystems. Solar power and battery technology will improve and prices should go down nicely, not quite "Moore's Law" but the cost per kwh will decline.

IMO far better to wait, and you just might visit other parts of the country that knock your socks off.

[apple92680]

Originally Posted by Mike from back east

A lot can change in four years.

Health can go bad, the economy can sink, and neighborhoods can decline. Tax laws can change for better or worse. Drought and water issues may worsen .... some people are already fleeing to the upper midwest for cooler, wetter living.

This is happening?

[Mike from back east]

Originally Posted by apple92680

This is happening?

Yes. Hopefully you can get in to read this despite the paywall.

[Cold Warrior]

Originally Posted by Mike from back east

Yes. Hopefully you can get in to read this despite the paywall.

This article is more about the flight from CA than the attractiveness of other states. I left several years ago and it has only gotten much, much worse.

[Mike from back east]

Originally Posted by Cold Warrior

This article is more about the flight from CA than the attractiveness of other states. I left several years ago and it has only gotten much, much worse.

There's plenty of that in there but it also talks about people leaving coastal areas as well since rises in ocean levels will affect all coastlines, especially the entire Gulf and East Coast. Norfolk is already having street flooding at some high tides.

[Magnoliablossom]

Summerlin is closer to Downtown (Fremont St) than Henderson. You can also drive to the Strip on local roads. Getting to and from the nicer parts of Henderson generally requires taking the freeway. Summerlin is slightly higher elevation and tends to be cooler than other areas of the Valley. The same is true for Lone Mtn and Centennial Hills.

[esas]

Originally Posted by orca17

I live in Centennial Hills. We chose that area over Summerlin because I didn't want car-payment-sized HOA fees. All of those parks and common areas and other amenities have to be maintained.

$48 in The Vistas.

[ddeemo]

Originally Posted by Mike from back east

There's plenty of that in there but it also talks about people leaving coastal areas as well since rises in ocean levels will affect all coastlines, especially the entire Gulf and East Coast. Norfolk is already having street flooding at some high tides.

It is more that the land sinking that is causing most of the flooding along the Mid-Atlantic coast. From Professor of Earth and Planetary Sciences Peter Huybers;

What we are seeing at a large scale, and this was a surprise to me, is a very clear pattern that you would expect if the response to the last ice age were the primary control on the differential rates of sea-level rise across the eastern U.S. In other words, between 20,000 and 95,000 years ago, the Laurentide Ice Sheet, which covered most of northern North America, levered the land upwards.

Now, thousands of years after the ice is gone, the mid-Atlantic crust is still subsiding. The bulge caused by the ice sheet was centered on the mid-Atlantic, and because it’s still settling down, the relative rise of sea level in the mid-Atlantic is about twice the global average.

The fact that the mid-Atlantic is subsiding because of long-term geologic processes means that it will continue for centuries and millennia, in addition to whatever other changes in sea level occur. The mid-Atlantic is already having to cope with routine coastal flooding, and this problem is only going to get worse with time.

[Cold Warrior]

Originally Posted by ddeemo

It is more that the land sinking that is causing most of the flooding along the Mid-Atlantic coast. From Professor of Earth and Planetary Sciences Peter Huybers;

Some prominent Global Warming adherents are famously buying coastal properties on the east coast. I trust their actions more than their words.