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by acdha 2635 days ago
That’s a big change from your earlier “What happens 50 years from now should matter relatively little for people living there now”. People need to plan now for those big disruptions because they’re either going to live long enough to be directly affected, because any buyer will be taking that into account, or both. Miami won’t go to zero overnight but everyone should assume that the next 50 years will be quite different from the past 50.
1 comments

That's not a change from my earlier.

People who rent or live in cheap property just move and other people come in. Property values change gentrification happens but that's usual for a big city.

If you move to Miami now and have children, you can raise them in next 20 years and move elsewhere in next 30 years.

… as long as you don’t mind losing money on a house, living somewhere the landlord invests nothing in, dealing with accelerated infrastructure collapse and paying higher taxes for reduced public services as all of the mitigation costs tank budgets everywhere. A city with a declining tax base is not business as usual.