Instead, they’re going with the reasoned alternative explanation that water is getting thicker.
Well they are (getting thicker) so this kind of fits, I’d say.
They are the 1%. They will sell it to the “government”, funded by the taxes they pay at a lower rate than a school teacher pays.
“What do they do, just say goodbye to 2 billion dollars of property?”
Yes. The waterfront houses average 800k/each, per Redfin and Zillow. Almost no one has that as their first or only home. There’s a ton of them up for sale right now, most well over a million.
According to topographical maps, half of the town is 7 foot or less above sea level, with the highest showing 20 feet. That’s a gamble any day of the week.
“I’m not a homeless guy, I scuba down to it all the time.”
“I’m not a gravity guy”
What’s this “we” shit?
And upcheck for the ‘sunk cost fallacy’ reference.
I got sucked down researching the rabbit hole of Tangier Island, a Trump-supporting, climate change denying community in Chesapeake Bay. Most of the residents, fishermen and crabbers, are living fairly hand to mouth. Meanwhile, Tangier has lost 3/4 of its livable acreage since whites first settled it 3 centuries ago, and the rate is accelerating. Island residents are asking for expensive protective barricades and jetties to protect what remains, but the loss is fairly inevitable and they are likely to become among the USA’s first climate change refugees.
I’ve posted articles about them before on BB. They don’t believe in climate change and are mad that the goverment won’t help them fix their erosion problem. 
Isn’t it the case though that Canute didn’t believe that he had power over the tides and was proving this to his advisors?
I think bb had a story about Bayocean, OR, a while back. Same thing, different coast, last century – except it was a whole resort town.
More likely they’ll be okay with buying some legislators, who will be okay with forking over millions to billions of other people’s tax money. Shady dark money political dealings is how you get the most bang for your buck. If they’re just paying higher taxes themselves, there’s a risk that they could be helping other people, and that’s the last thing they want.
That’s what he insisted afterwards.
“The lord helps those who help themselves.”
“Help themselves” having a slightly different meaning when these types of ‘socialists’ want that help.
Built on a spit between the Pacific and a bay. And worth just that - spit!
I wonder what the climate change belief system was of those who either moved away, or considered buying property there, but had an eye towards the future. Eventually the low-lying coasts and Islands will be filled with people in denial.
I mentioned this story before. When my folks moved to my hometown, the realtor showed him a bunch of places within what was not technically considered a floodplain. My dad, with some training as a civil engineer, didn’t like the proximity to the river. I think they’ve had at least 3 “100 year floods”, and one “500 year flood” in the the last 50 years, but none near us where we lived, way up on the hill.
When people leave Tangier, it’s mostly for opportunities not available on a very traditional island with limited resources. People who buy/move there are usually cognizant that they are only renting the land, and it’s a short term lease at that. It’s definitely not as an investment.
Saw an interview with an islander there who kept insisting, everytime rising sea level or climate change came up, that is was “subsidence” and he expected it to stabilize any time now. Denial is a powerful drug.
