Sorry, perhaps the emphasis in the way I wrote that comment made it unclear what I was saying. My point was that real estate market prices are much more heavily influenced by current conditions, and current demand,…
Real estate prices are priced by mostly by current demand, not future oncoming disasters. Much waterfront property is _already_ vulnerable (and expensive to insure) today, regardless of whether you believe in consensus…
Sorry, perhaps the emphasis in the way I wrote that comment made it unclear what I was saying. My point was that real estate market prices are much more heavily influenced by current conditions, and current demand,…
Real estate prices are priced by mostly by current demand, not future oncoming disasters. Much waterfront property is _already_ vulnerable (and expensive to insure) today, regardless of whether you believe in consensus…