Is now the time to purchase cheap property in the Caribbean?
- Thread starter funksouljon
- Start date
You mean buy low as in the house is now in pieces down on the ground?
The expected sea level rise by 2100 is 4-7 ft. So now is the perfect time to find a high spot on an island and let it become the new beach front property in 20 years.
yes....I have no money to invest, but was looking online last night at the current rates. I bet they drop drastically.
My Dad bought a piece of beach front in PCB after Opal on Surf drive. An old one story motel was there before the storm washed it away. He got it for cheap and made a very nice little return on it a few years later.
So yeah, I'd be looking if I had the capital to invest.
My Dad bought a piece of beach front in PCB after Opal on Surf drive. An old one story motel was there before the storm washed it away. He got it for cheap and made a very nice little return on it a few years later.
So yeah, I'd be looking if I had the capital to invest.
Had the same fear with the property my Dad bought. It wasn't a "global warming" issue per say; but for years the beaches in PCB were washing out. They finally refurbished and have continued to refurbish when needed. There is PLENTY of beach front now, and if it begins to wash away, you simply grab more dirt from a mile out and throw it on the beach. I get that's not a "long term' fix, but it's enough of a fix to invest and make a buck while you can.
I'm picturing this same conversation taking place in New York City in April 1865
Well, it is already deconstructed, just waiting for someone to build their dream structure on the property....
I have been trying to nudge the wife into property on PR.
What's the status of statehood in PR? I kept hearing second hand reports about it and then it disappeared. That would be a deciding factor before I bought anything there. If it becomes a state it will rake in some cash and new investment. Heck it might even be worth it purely from a financial investment angle IF it were to become a state.
That is acually a sand bar that built itself up, not receeding ocean levels. But be my guest and continue to deny the obvious...
Last update was the vote wasn't going to count, no change in statehood status.
https://www.theatlantic.com/politic...to-rico-statehood-plebiscite-congress/530136/
That's too bad. I know if it came in as a state it would be instantly be below Mississippi in every statistic that matters (average income per population, health, education etc) but I wouldn't expect it to stay that way for long. While it might never be a Hawaii level of prosperity (currently the average household income in PR is $19.5k and in Hawaii it's $73.5k while Florida is $48k), it would probably start mirroring Florida at least.
Going in that direction. Then you can step in a buy buy buy. Govt properties for sale, pennies on the dollar. I've always wanted to own a courthouse.
<that's not how this works, that's not how any of this works>
This would make a pretty sweet vacation home.
Oh hell yeah! Livin' la vida loca!!!!!!
Right?! Might have to create a personal family flag based on crest to fly on that second flag pole.
I would put these flags up if that was my house...This would make a pretty sweet vacation home.
Yes, climate change does & has happened naturally, but it's faulty logic to think that just because it HAS happened in the past that it MUST mean that the changes we are seeing is just natural variation.
Humans are adding a sequestered green house gas to the atmosphere at an almost unbelievable levels........look at it this way:
- What Does a Ton of CO2 Look Like?
- How big is a ton of CO2?
- A ton of CO2 would fill a modest one story ranch house with a footprint of 1250 sq feet and an average height of 13 feet.
- What size house does my car fill every year?
- My Honda Civic Hybrid emits approximately 4 tons (US tons, 1 ton = 2,000 lbs) of CO2 for the 16,000 miles I drive every year. But tons implies weight and we don’t see chunks of carbon falling from tail pipes as we commute to work – so how can we visualize the gas we are putting into the air?
- The four tons of CO2 emitted by my car every year would fill twice the volume of my 2,500 sq ft ranch house. That’s my one, efficient car driven 16,000 miles per year. Our family owns and drives three cars: my Civic, my daughter’s Prius and my husband’s Tacoma pick-up truck. Together we need a single story ranch house that is 11,600 square feet in size to hold the 9 tons of CO2 generated by our driving each year.
- What about the world?
- Based on the Carbon Dioxide Information Analysis Center (CDIAC), the global emissions due to fossil fuel combustion and cement manufacturing for 2010 were 33.5 billion metric tonnes of CO2. To understand how much gas this is, imagine the state of Connecticut (5,500 sq miles) covered in a 3,200 foot thick blanket (a 0.6 mile thick blanket of gas)*.
- How big is a ton of CO2?
Nevermind the fact that Ocean Acidification is the real elephant in the room...........and it's basic high school chemistry.
Concur.
Just showing Tribe the safe spot to pick out his great grand kids beachfront.
Nah, I just assume people weren't willing to wait 100 years for their new beachfront property.
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