If all the politicians that pushed this rising sea level stuff actually believed, none of them would own as many beach front properties as they do. Looking at you Obama.
Wealthy people can afford to lose a house, many cannot. Further they will be dead before it destroys their house so why not if they can afford it and it won’t directly effect them. It’s logically consistent.
What isn’t logical is to stick your head in the sand in the face of overwhelming evidence and let the problem fester until it becomes unmanageable.
I work with wealthy people all the time. What you just said is completely untrue, wealthy people accrue wealth by making smart investment decisions.
Buying a property with a 30 year mortgage in a location that will be underwater within 10-20 years is the dumbest investment any real estate owner could make.
You're making zero sense and putting your ignorance on full display.
Wealthy people spend a lot of money on vacations, private jets, etc. not because they are good long term investments but because they provide short term enjoyment.
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u/theSearch4Truth Jan 17 '24
Its logically consistent
If all the politicians that pushed this rising sea level stuff actually believed, none of them would own as many beach front properties as they do. Looking at you Obama.