On Fri, 14 Sep 2007 08:45:13 -0700, Chuck Gould penned the following
well considered thoughts to the readers of rec.boats:

Looking for an affordable ocean front lot?
Homes along the Pacific Coast are selling for as little as $500.

Cheap prices are due to rapid erosion of the area. About 65 feet per
year are reclaimed by the sea.
An entire town has so far been swallowed up.

Will our grandkids see this sort of thing repeated more frequently,
due to rising sea levels fostered by a change in climate (caused by
man or not)? Some would have us believe it likely.......


http://seattletimes.nwsource.com/htm...shaway14m.html

We've lived with that for a long time, here. Some areas have silted
up, others have washed away. The most recent hurricanes to ravage this
area (Fran & Bertha) closed Corn Cake Inlet and the net result has not
been good for fauna or flora. Oh, well.....

I can't conceive of homes or even lots, for that matter, selling for
any less because of imminent destruction. Here, you couldn't touch
even a vacant lot on the beach for less than $1.3M.... even if it IS
in imminent danger (and many are). The millionaire's houses will wash
away and I'll unhappily subsidize the rebuilding out of my own pocket
through my insurance costs.

Those same people, well heeled enough to buy their own style of
justice, have gone to the state capital and are in the process of
getting the law changed so that condemned lands, just built back up by
dredging the inlet to The Cape Fear River, are now buildable again.
The houses and the land that they will sit on will be gone again in a
few years. Go figure.....

http://www.ncleg.net/Sessions/2007/B...L/H1154v1.html

--

Grady-White Gulfstream, out of Oak Island, NC.

Homepage
http://pamandgene.idleplay.net/

Rec.boats at Lee Yeaton's Bayguide
http://www.thebayguide.com/rec.boats
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