• assembly@lemmy.world
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      5 days ago

      That’s what I was thinking. Like damn those are some high prices to play chicken with hurricanes and sea level rise.

      • Signtist
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        4 days ago

        Anyone still living in Florida at this point thinks they’ve still got decades before things get really bad. These people think they’re the “smart” ones getting ahead of the curve and selling before the prices drop. I hope they’re wrong, but honestly, there are probably a decent amount of wealthy idiots that believe climate change is a hoax and are looking to grab some nice beachside property while the “suckers” are leaving.

      • RalphWolf@lemmy.world
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        4 days ago

        But if global warming causes significant sea level rises, you can just sell your house and move somewhere else, right? I mean isn’t that what Ben Shapiro advises? Not that anyone would buy underwater land, but Ben Shapiro thinks so.

  • HelixDab2
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    4 days ago

    …And how many people are actively looking to buy a home in this area?

    If you have 50x as many people that want to buy as there are people that want to sell, then yes, this is low inventory. And while I might think it’s stupid as fuck to buy a house on the coast in Florida, people are–apparently–doing exactly that.