41–50 of 154 posts
Earlier quoted context omitted.
Although Miami can do what synctext mentioned, just like in the Netherlands; raise money, appoint responsible bodies and do something about it.
Even with effectively infinite money, "do something" might be able to raise the entire city above sea level but it won't be able to stop hurricanes, which the Netherlands doesn't have to worry about.
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The distinction is that this is widespread new risk without accurate actuarial data. Someone looking at buying a house today doesn’t just have to wonder whether the value will be zero in 50 years but whether it might be 30% the next time a big storm causes enough damage that people don’t just rebuild, which could happen much sooner than that. Once there’s an event which makes it hard to get insurance, mortgages, or u…
That's probably how the end comes. So much damage that it's not worth rebuilding even cheaper and temporary. But as I said, until that happens people will live, property values will decrease and stuff that is rebuild will be build cheaper. What will most likely happen first is "climate centrification" within Miami. Poor people in high elevations will be move out when land value increases. Low elevation areas become n…
I live in Orlando. I have lived in Florida for all of my life (47 years) and I also wonder how we are going to adapt. I don't see any long term planning. A few years ago I was looking for a new office building. Considering the parking situations, I asked each developer what they were planning for electric cars, Ubers, and autonomous cars. None of them had a plan. They all said such changes were 20 years or more away.…
Apartment buildings are similarly dated. Last I looked, in a big city apartment complexes were rare if they had one or two charging spots. They don’t exist in smaller or less affluent towns.
I think RE suffers from a similar situation as infrastructure regarding retrofitting and upkeep in the US. Once it’s built, there’s almost no inherent market mechanism for keeping structures up to date.
I live in Orlando. I have lived in Florida for all of my life (47 years) and I also wonder how we are going to adapt. I don't see any long term planning. A few years ago I was looking for a new office building. Considering the parking situations, I asked each developer what they were planning for electric cars, Ubers, and autonomous cars. None of them had a plan. They all said such changes were 20 years or more away.…
It's not expensive to install electric chargers in existing building. "Planning" for Uber involves what? Having a drive in in front of the building? How do you plan for non-existent self driving cars? Any practical advice you can share with the architects here?
Planning for Uber and autonomous cars includes architecting porticos and pickup/dropoff points in favor of garages. Many buildings are hostile to use of Uber in my daily experience.
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Although Miami can do what synctext mentioned, just like in the Netherlands; raise money, appoint responsible bodies and do something about it.
If your city is built on a sponge and in the flattest state to boot your solutions look like seasteading, not dams and pumps. From an engineering point of view Miami should be looking to Venice, not Amsterdam. You can’t save Florida land by pumping so the only way to go is to make your own taller land or to build what amount to boats or oil rigs.
I might consider moving to Miami if this ever happens...
Earlier quoted context omitted.
Although Miami can do what synctext mentioned, just like in the Netherlands; raise money, appoint responsible bodies and do something about it.
If your city is built on a sponge and in the flattest state to boot your solutions look like seasteading, not dams and pumps. From an engineering point of view Miami should be looking to Venice, not Amsterdam. You can’t save Florida land by pumping so the only way to go is to make your own taller land or to build what amount to boats or oil rigs.
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As far as I know Florida is basically all limestone, which is porous, so dams don’t work. The water will seep through the bedrock so you can’t do the same thing in the Netherlands in Miami.
Although Miami can do what synctext mentioned, just like in the Netherlands; raise money, appoint responsible bodies and do something about it.
Even in that context the real estate agent’s worldview seems a lot more sanguine than hers. History has shown in this country that you’re a lot more likely to be right predicting that the rich will figure out how to preserve their assets than betting on the other side of that argument.
A shame because it’s an interesting topic.
What will a city like Miami look like in 50 years? It’s an interesting question with a lot of unpredictability in it, based on combinations of climate science, financial predictions, cultural shifts, and some guesswork.
Would have loved to read an article about the various perspectives on that, but that would have required the author to really do some work. Instead they decided they knew the answer already and flew there to make fun of people just trying to get through a day at work.
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Do you think it's incorrect? It's hard for me to imagine that a good portion of the burden of this won't land on Florida and US taxpayers, in addition to whoever is holding the hot potato when the problem becomes impossible to ignore.
Florida's status as a swing state in Presidential elections means that both political parties will bail it out no matter what. The whole nation already bails out Florida via the National Flood Insurance Program, since no entity other than the federal government could possibly insure such a high frequency high risk event. Another taxpayer casualty of the electoral college system.
That being said, I agree with you that the program should go away. I'd like to have it phased out over the course of 10 years so that people can adjust to the new prices rather than have a huge shock up front.
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Do you think it's incorrect? It's hard for me to imagine that a good portion of the burden of this won't land on Florida and US taxpayers, in addition to whoever is holding the hot potato when the problem becomes impossible to ignore.
Florida's status as a swing state in Presidential elections means that both political parties will bail it out no matter what. The whole nation already bails out Florida via the National Flood Insurance Program, since no entity other than the federal government could possibly insure such a high frequency high risk event. Another taxpayer casualty of the electoral college system.