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Updated over 7 years ago,
Rising Water Levels in FL
Hi guys,
I'm a long-term buy+hold investor in Florida and was wondering how others in the forum are thinking about their long-term investments in the Fort Lauderdale / Miami area in light of water-levels rising globally ?
How are you guys thinking about the risks in the next couple of decades? What kinds of steps are you taking to mitigate ?
One interesting theory I heard from some folks was that taxes in FL might right significantly to pay for the infrastructure required to repair/prevent damage from rising water levels - eating into the current profit margins.
Thoughts?