[seanharper]

People will always be willing to pay a premium to live near the ocean. There are some places where that premium will be too high except the very very wealthy - living on a barrier island - for example.

In order to enjoy living in places where nature exact a larger toll - near the ocean, on a mountain that gets dry and doesn't have a fire station nearby - homeowners will need to invest in hardening their homes, invest in buying more expensive insurance and will need to make sure they have the financial buffer to rebuild if their home is damaged by the weather.

As the ocean rises, we will need to move more inland.

[kdmccormick]

Of course. This is all common sense and I'd wager that most people feel this way.

That's why I'm surprised that the government provides subsidized insurance for folks in extremely flood-prone areas.