Earlier quoted context omitted.
Have you seen housing prices lately? It's insane for the average person especially if no one will be buying your home and you still have a mortagage
so, you're talking not about renters but about homeowners, and you're saying housing prices are up everywhere else except they are down in New Orleans? I'm not from NOLA so I'm not going to bone up on prices, but I do doubt what you are saying holds water.
'Point of no return': New Orleans relocation must start now due to sea level
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Re: 'Point of no return': New Orleans relocation must start now due to sea level
#42My roots are in Louisiana, and this makes me incredibly sad. It is such a unique place that has no like, and drives all tourism in the state. Where will tourists celebrate Mardi Gras after it's gone? Baton Rouge? Sadder, still, to know that nothing will be done. No one will be relocated. Just one day a weather event like a hurricane will happen to destroy the area and it will be labeled derelict with no funds to rebu…
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Re: 'Point of no return': New Orleans relocation must start now due to sea level
#43Miami too. The city is build on porous limestone. No amount of levees, seawalls, or dams will save it.
Thing is I figure you need some form of water board to manage it. A political entity that's all about "here we are and here we stay". Once they're set up they're pretty reliable (there's one that's still paying interest on a 370-year old bond https://www.youtube.com/watch?v=cfSIC8jwbQs )
Re: 'Point of no return': New Orleans relocation must start now due to sea level
#44Earlier quoted context omitted.
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This is why the federal subsidies for flood insurance need to end
I have no expectation that we’ll be willing to invest in our neighbors, though.
Re: 'Point of no return': New Orleans relocation must start now due to sea level
#45Re: 'Point of no return': New Orleans relocation must start now due to sea level
#46Earlier quoted context omitted.
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Generally I agree, and we’ve known this for a long time but people stay in denial. It’s the same thing in Miami. Unfortunately though, the solution isn’t that easy. For one, if you own property there, you’re basically either caught holding a bag with life changing amounts of money lost, or trying to pass it off to another sucker which just feels unethical. For two, families and communities make it hard for people. Ma…
Re: 'Point of no return': New Orleans relocation must start now due to sea level
#47Weren't the Maldives supposed to be underwater like 15 years ago? Seems like the sea is rising much slower than models predicted?
Re: 'Point of no return': New Orleans relocation must start now due to sea level
#48Earlier quoted context omitted.
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And how exactly will someone do that. Many of the people living in the impacted area are below the poverty line and living paycheck to paycheck at best. How are they supposed to put together funds to relocate. Especially if their property is worth nothing. The minority of people privileged enough to be able to relocate will do that. The majority are stuck.
Re: 'Point of no return': New Orleans relocation must start now due to sea level
#49Earlier quoted context omitted.
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Generally I agree, and we’ve known this for a long time but people stay in denial. It’s the same thing in Miami. Unfortunately though, the solution isn’t that easy. For one, if you own property there, you’re basically either caught holding a bag with life changing amounts of money lost, or trying to pass it off to another sucker which just feels unethical. For two, families and communities make it hard for people. Ma…
every day you wait this gets worse and I am not sure what is unethical about selling a home. many people have to move (e.g. for work) but if it would put you mind at ease (ethically speaking) you can put a disclaimer on the listing. of course you also have an entire political party followers who believe all this is a hoax so you can put that on the listing too /s (last sentence)