Rising Water Levels in FL

[Sadi K.]

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? 

[John Thedford]

That presents an excellent opportunity. Buy inland. When sea levels rise and your property becomes ocean front you can make a billion dollars.

Another helpful hint: buy ocean...yes...IN the ocean. As the huge craters fill, eventually an orogeny will occur and you will have prime ski slope property passed down to your heirs millions of years from now.