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Mark wrote:
It seems to me this global warming alarmism should be an opportunity for making money, especially since a lot of the people who are most alarmed live on the coasts. Suppose we get together a fund that offers to buy coastal real estate for 1% of its current assessed value, with the payment delivered immediately, but the title to the property to be transferred as of January 1, 2101?
If the warmists who own coastal property are serious in their belief it will all be underwater by century's end, they should jump at the offer.
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This page contains a single entry by Rand Simberg published on March 4, 2008 10:14 AM.
It seems to me this global warming alarmism should be an opportunity for making money, especially since a lot of the people who are most alarmed live on the coasts. Suppose we get together a fund that offers to buy coastal real estate for 1% of its current assessed value, with the payment delivered immediately, but the title to the property to be transferred as of January 1, 2101?
If the warmists who own coastal property are serious in their belief it will all be underwater by century's end, they should jump at the offer.