Land moves around, raises and lowers, plates crash lifting mountains and subduct continents under each other so stuff moves, but stuff goes up and down at the same time. Sometimes the land sinks, sometimes it's pushed up, but these geological processes happen on geological time. Sea level rise is a concern within a few human generations.
These are just much different time and volume scales.
Yes? That is exactly the commenters concern. Fill a bowl to the brim with water, throw a ball in. It spills over the edges of the bowl by "just displacing" the water.
Land moves around, raises and lowers, plates crash lifting mountains and subduct continents under each other so stuff moves, but stuff goes up and down at the same time. Sometimes the land sinks, sometimes it's pushed up, but these geological processes happen on geological time. Sea level rise is a concern within a few human generations.
These are just much different time and volume scales.