Great deals on vacation property

From The Washington Post:

On N.C.’s Outer Banks, scary climate-change predictions prompt a change of forecast
The dangers of climate change were revealed to Willo Kelly in a government conference room in the summer of 2011. By the end of the century, state officials said, the ocean would be 39 inches higher and her home on the Outer Banks would be swamped.

The state had detailed maps to illustrate this claim and was developing a Web site where people could check by street address to see if their property was doomed. There was no talk of salvation, no plan to hold back the tide. The 39-inch forecast was “a death sentence,” Kelly said, “for ever trying to sell your house.”

Property values will probably be pretty low for the next year or so until the stupidity-bubble bursts and people stop relying on computer models for their numbers. Some good news in the article:

So Kelly, a lobbyist for Realtors and home builders on the Outer Banks, resolved to prove the forecast wrong. And thus began one of the nation’s most notorious battles over climate change.

Coastal residents joined forces with climate skeptics to attack the science of global warming and persuade North Carolina’s Republican-controlled legislature to deep-six the 39-inch projection, which had been advanced under the outgoing Democratic governor. Now, the state is working on a new forecast that will look only 30 years out and therefore show the seas rising by no more than eight inches.

Of course, there is the usual chattering from the enviro peanut gallery.

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This page contains a single entry by DaveH published on June 25, 2014 12:55 PM.

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