Friday, January 21, 2022
lifestyle class grifters?
this is a sotheby's international realty advertisement from today's lifestyle class's philosophical and economic mouthpiece, the new york times...$107,797,000 worth of realesrate with a"price on request" ( we will be getting to that ) that may push the total value up considerably...the connecticut and new york properties may be, if this is not a bubble, reasonably safe investments for those of wealthy means...the arizona "home" may be imperiled by its location west of the 100th meridian and an increasing dearth of water in the colorado river basin...
the santa cruz california location has essentially the same issue as the arizona estate while the lower lake plot has a double threat of lack of water and the wildfires that have burned in the area...toasted home...landslides...cranky wildlife...a raft of possible issues and at $18,000,000 i would be inclined to say "not interested"...there's one in the bahamas...who knows how long they will be above water...and on the subject of sea level rise...
that "price upon request" could be a blind...bluffton is located on the may river across a channel from hilton head island and, if you bother to look around, you find that a lot of hilton head and bluffton are projected to be underwater as sea levels rise...someone may be looking to unload before the fossil fuel debt comes due along the eastern seaboard...another "no thanks"...lots of contingency in life and our footing as a species, let alone an ecomically viable nation, is considerably more tenuous than most people think...or care to realize...the "free market" and techno-optimist propagandists have been playing us all along...shaky realestate investments are just another part of the optimism induced blinders.
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