Thursday, May 13, 2010

Would you buy a $9 Million dollar house that will be soon underwater? Did not think so, but someone did...

If you thought that because of climate change the oceans will rise and consume a good portion of the coastlines, would you buy a $9 million dollar house/property on the coastline?  Seems like a bad investment OR you dont really believe that the coastlines are going to become part of the ocean anytime soon OR you believe you have solved the problem.  I am not questioning the validity of climate change, but do question the motives of self-appointed gurus of any sort...I am guessing that leaders of the environmental movement do not approve of this either, so I dont believe I am being partisan on this issue....Cant people ACTUALLY lead by example?? Just askin'...
""It is reported that former Vice President Al Gore just purchased a villa in Montecito, California for $8.875 million. The exact address is not revealed, but Montecito is a relatively narrow strip bordering the Pacific Ocean. So its minimum elevation above sea level is 0 feet, while its overall elevation is variously reported at 50ft and 180ft.At the same time, Mr. Gore prominently sponsors a campaign and award-winning movie that warns that, due to Global Warming, we can expect to see nearby ocean-front locations, such as San Francisco, largely under water. The elevation of San Francisco is variously reported at 52ft up to high of 925ft. There being very little reason to suppose that the Pacific Ocean would (or could) rise much less in Montecito than in San Francisco, it follows that Mr. Gore just paid nearly $9 million for property, which according to his professed beliefs, will likely soon be literally under water and hence worthless both as a residence and for resale""....(Click HERE for rest of the story)
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