The Climate Cult is a belief system whose tenets or dogma are unassailable. Cooling is warming. More snow is the same as less snow. It causes rain and drought., extreme weather, or no weather.
Related: Read This, and You’ll Know More About “Sea Level” than 99% of Climate Cult Alarmists.
There is no contradiction they will not embrace, including this.
For years the cult’s Pharisees and their stenographers in the media have predicted the impact of coastline property values. WMUR rang this bell again just last fall. Locally, the greater Portsmouth area has long been a poster child for this nonsense. Rising tides will put price pressure on property owners whose investments won’t hold water.
It’s a global narrative, but investors, Hoteliers, and (often very liberal) home buyers have long ignored these apocalyptic prophesies, scooping up oceanfront property whose appeal has driven prices higher for decades. Obama and Biden, in recent years, to name but two climate hypocrites that recently dumped tens of millions on beachfront homes after years of fearmongering a narrative they are still working to this day.
Nothing new; coastline property prices rose steadily before the recent housing bubble, regardless of perceptions about our climate fate, so what to do? Flip it around and call that a crisis.
Scientific American (SA) is blaming those rising prices on (drumroll please) climate change.
Homebuyers nationwide are ignoring flood risk and paying inflated prices to create a housing bubble that could crash as climate change intensifies flood damage.
A study released Thursday says the climate-driven housing bubble threatens homeowners with plummeting values and municipal governments with losing a big chunk of tax revenue if local property values fall.
I have news for the experts who wrote the report and the editors at Scientific American. Homebuyers have ALWAYS ignored flood risk. They overlooked the chance of hurricanes, tornadoes, mudslides, the Santa Anna winds, drought, rain, heavy snow, extreme heat, avalanche risk, all alleged high-risk endeavors, and none of it has a damn thing to do with your stupid weather cult.
Coastal property, rivers edge, and large and small lakes come with flood risk. But people like the aesthetics so much that they will pay top dollar for the experience all the other days of their life. They assume the costs and the risks, as do the insurers who write their homeowner’s policies mandated by federal law.
They’ve named this crisis the climate-driven housing bubble and want policymakers to do something. The peasants have no clue about the risk, and when that bubble bursts (‘cuz angry climate gods and rising seas), it’ll be awful.
Related: NOAA’s Updated Tide Gauge Data Show No Sea Level Rise at NH Coast For The Past 10-12 Years
But aren’t coastal communities, Left coast and right, majority liberal? Advocates of the cult and the fearmongering over sea level rise. They are, and they know more than the thousands of actual scientists who are not part of the so-called consensus. They know more than what we can see with our own eyes. New Hampshire’s encroaching tides took the last decade or so off without telling the narrative, not that there was any real risk from Anthropomorphic-driven sea level rise.
It’s all BS, but we must give SA props for one thing. They do suggest that there is an inland housing bubble, and that is also from climate change.
This is also not true.
Not-so-liberal folks have been bailing on the coastal states. A shift by people with the mobility or means to work remotely, but these folks are not retreating from the inevitable rise of the seas. They are escaping the progressive cultural climate.
It’s not about rising seas. It is rising taxes, regulations, and crime catalyzed by crazy intrusive covid-era policies during the so-called pandemic. People who can are fleeing these places for peaceable country locales with fewer restrictions, less pollution, more liberty, and sanity, and many of them inland (except Florida). It’s a massive migration that should impact property values in the places they leave but not the coastlines. Never the coastlines.
The rich and connected are scooping them up without any fear. They did it when storms and flooding were just weather, and they keep doing it, and if the fearmongering manages to lower the values, they’ll gladly pay less for the same property.
That speaks much louder than the Climate Cult dogma about rising sea levels.
