Mastodon Feed: Post

Mastodon Feed

Boosted by brib@bribstodon.xyz ("brib :neofox_floof:​ :Nonbinary:"):
allochthonous@scicomm.xyz ("Chris Rowan") wrote:

Pinning this story about how South Florida real estate agents deal with questions about sea level rise for the next time I’m told markets are effective at pricing in risk. Not if everyone ignores the risk instead!

https://heated.world/p/the-open-houses-at-the-edge-of-disaster

Text Shot: Take the ground-floor condo I visited in the Bay Harbor Islands. “This is not a flood zone area,” the realtor said. “You don’t have to worry about it.” Or the beachfront high-rise in South Beach. I mentioned that being so close to a rising ocean made me nervous. But the realtor said only the street would ever flood. “It won’t get into the building,” she said. At a gorgeous single-family home in La Gorce, the agent told me flooding was only a problem in other neighborhoods. The grass might get some puddles during storms, but no more. “It doesn’t really get any flooding at all,” he said. “You’re kind of in the safe zone.” The safe zone, it seemed, was whichever property I happened to be standing in.