Alexandria Ocasio-Cortez, the esteemed Congresswoman from NYC, recently stated that Miami has only a few years until it is inundated by rapidly rising sea levels caused by climate change. As a member of the House of Representatives with access to virtually all the finest government information sources, as a member of the Party of Science, and a trained economist, her take on this issue has to be regarded as highly informed. More importantly for our purposes here, many people (potential investors) might believe it is correct and I urge Ricochetti to recognize the investment opportunities this creates.
Some will discount my advice because my proposed Baffin Bay tropical resort has not yet got off the ground. But if you believe in the climate crisis and the rate of warming inherent in the crisis, there will indeed be palm trees in northern Manitoba in our lifetime. So, when Nunavut turns tropical and Canadian wahines are serving mai tais to my hotel guests on Manitung island (Cha-ching, baby!!) don’t say you were not tipped to the opportunity. Timing is pretty key. Not sure how much longer the pool of potential investors will believe the crisis is imminent but in the meantime, every published picture of a dead polar bear is money in the bank as far as I am concerned.
Rep. Ocasio-Cortez apparently knows more about sea-level rise than most “experts” who predict that the oceans will continue their long-established rise of 1 foot or less per century with perhaps a modest increase in that rate. The “experts” would, therefore, predict that downtown Miami (roughly 20 feet or more on average above sea level) is doomed in about 2,400 years, not the imminent inundation that Rep. Ocasio-Cortez has carefully calculated.
If Miami goes, that leaves some high ground around Miami Lakes or a stretch up toward Port St. Lucie but at the rate of inundation predicted by Dr. Ocasio-Cortez, those are lousy investments both because they are currently pricey and at Ocasio-Cortez rates of sea-level increase they will be underwater shortly after Miami. Looking up the coast northward the good news is that Atlantic City will be gone (seriously, would anybody miss it?) even before Miami but inland new Jersey will probably be mostly islands. Tougher to lock up the real estate but maybe worth it for future Jeffrey Epstein-type buyers in NYC who would go nuts for the whole private island thing. Speaking of NYC, AOC’s home district is mostly 80 feet or more above sea level (except for Rikers island, a bastion of Democratic voters which has about the same elevation as Miami) so the NY 14th will likely survive until almost the end of the century.
So Ricochetti, we need suggestions for currently undervalued properties with enough elevation to be beachfront when the Ocasio-Cortez scenario comes to fruition. We will market on Twitter, NYT, Hollywood Reporter, and Variety. With token donations or stock options tossed to the right NGOs and
green hustlers non-profit activist groups, we might get celebs (even Greta Thunberg!) to pitch for us.
We need to act soon because roughly about the time Miami doesn’t disappear under the waves, the number of
suckers concerned persons who are our target market may disappear. I suspect people are getting tired of looking at the emperor’s naked backside and pretending not to notice.