Which bodies of water would you rather live near?

[casts_by_fly]

Not sure that I've seen this asked yet, but what type of lakes/cover/habitat do you like to fish?  Florida is shallower weedy lakes (which you already know from living there).  If you start into the carolinas you'll be on a lot more big impoundments/highland reservoirs.  Of course there's santee cooper available which isn't highland and others.

 

My opinion hasn't changed.  I'd scap the autopilot, grab another pro-V bass, and live in SC.

[Bankc]

36 minutes ago, ol'crickety said:

@gimruis: "According to the Miami Herald, the Insurance Information Institute estimated that 13% of all Florida homeowners are going without property insurance, almost double the national average of 7%."

 

@N Florida Mike: It's rising at a rate that we can't notice without measuring, but the rate is accelerating and the effects can seen in Miami, where streets that flooded once a year now flood several times a year (Yes, Miami is pushing back with infrastructure, but when it comes to water, water always wins.): "In the last 80 years, sea level rise has risen about a foot, with 8 inches of that total in the last 30 years, said Brian McNoldy, a senior research associate at the University of Miami's Rosenstiel School of Marine, Atmospheric and Earth Science."

 

 

Yeah.  And the thing about sea level rise, is it isn't linear.   Right now, sea levels around Florida are expected to rise 10-12 inches in the NEXT 30 years.  However, scientists just discovered that the Thwaites glacier in Antarctica is melting much faster than predicted.  And this isn't the only glacier to show that trend.  So the official predictions are probably more conservative than what will really happen. 

 

source:  https://oceanservice.noaa.gov/hazards/sealevelrise/sealevelrise-tech-report.html

 

Now, that doesn't mean central Florida will wash out into the ocean.  Well, it will eventually, but definitely not within our lifetimes.  That's hundreds if not thousands of years away.  So don't worry about that.  But how that affects a homeowner is: Florida's insurance rates have more than doubled in the last three years (103%).  And it will likely double again in the next ten years or likely less.  This isn't just due to the environment, but also due to a combination of Florida's laws which allow for the most lawsuits against insurance companies in the nation, and a number of insurance companies pulling out of Florida, reducing competition. 

 

And at some point, new homeowners just aren't going to be able to afford to finance a home (because you need insurance to finance a home), and old home owners aren't going to be able to afford insurance.  Which means with every hurricane that hits the state, more and more properties will go up for sale (people can't afford to rebuild) and less and less buyers will be competing for them.  And that will depress home prices while raising rent prices. 

My point being, Florida is in a situation where the cost of owning a home is likely to increase significantly, year over year.  However, the value of the home itself is likely to fall (at least against inflation, if not more so).  In other words, Florida is one of the worst places, from an investment standpoint, to buy a home right now. 

 

I'd even stay off the coast of South Carolina.  You don't have to go real far inland.  Just stay off the barrier islands (for buying a house, it's a lovely place to visit). 

[FryDog62]

21 hours ago, Bankc said:

Yeah.  And the thing about sea level rise, is it isn't linear.   Right now, sea levels around Florida are expected to rise 10-12 inches in the NEXT 30 years.  However, scientists just discovered that the Thwaites glacier in Antarctica is melting much faster than predicted.  And this isn't the only glacier to show that trend.  So the official predictions are probably more conservative than what will really happen. 

 

source:  https://oceanservice.noaa.gov/hazards/sealevelrise/sealevelrise-tech-report.html

 

Now, that doesn't mean central Florida will wash out into the ocean.  Well, it will eventually, but definitely not within our lifetimes.  That's hundreds if not thousands of years away.  So don't worry about that.  But how that affects a homeowner is: Florida's insurance rates have more than doubled in the last three years (103%).  And it will likely double again in the next ten years or likely less.  This isn't just due to the environment, but also due to a combination of Florida's laws which allow for the most lawsuits against insurance companies in the nation, and a number of insurance companies pulling out of Florida, reducing competition. 

 

And at some point, new homeowners just aren't going to be able to afford to finance a home (because you need insurance to finance a home), and old home owners aren't going to be able to afford insurance.  Which means with every hurricane that hits the state, more and more properties will go up for sale (people can't afford to rebuild) and less and less buyers will be competing for them.  And that will depress home prices while raising rent prices. 

My point being, Florida is in a situation where the cost of owning a home is likely to increase significantly, year over year.  However, the value of the home itself is likely to fall (at least against inflation, if not more so).  In other words, Florida is one of the worst places, from an investment standpoint, to buy a home right now. 

 

I'd even stay off the coast of South Carolina.  You don't have to go real far inland.  Just stay off the barrier islands (for buying a house, it's a lovely place to visit). 

Yes and no… I mean AG said Florida was going to be underwater by 2010. And my PhD friends that publish papers on the subject have said that the original baseline numbers were “adjusted” to make more of a dramatic point than reality is.

 

Is the climate changing some, are some glaciers melting, while others on the other ice cap have grown a little, all yes. These things have always changed and always will.
 

Adaptability is key - and yes being a shallow peninsula - Florida will always be affected more than others. 

[roadwarrior]

If current trends continue, half the ice in Greenland will be gone in 10,000 years.

How worried should I be?

[Bankc]

2 hours ago, roadwarrior said:

If current trends continue, half the ice in Greenland will be gone in 10,000 years.

How worried should I be?

With the price of cryogenic freezing coming down, probably very. 

 

That's assuming, of course, you want them to wake you the next time the Titans make it to the Superbowl!  😜

[N Florida Mike]

Not buying the water rising thing. If I said what I really think, it would probably get banned. 

If it does rise , then I would hope that people would have enough sense to move inland.🤷🏼‍♂️