I’d short it because the liberals are driving it into the ground, not because of global warming.
LOL!!!
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Back to shorting real estate. Stevey Cohen says that sea-level rise and floods are on the way, particularly along the parkways that lead into the city. A house that has a river running through it is everywhere less valuable than a dry one.
Therefore, those who believe Steveys predictions should be willing to bet on it. I am willing to take their Manhattan real estate off their hands at a discount that reflects the direness of global warming predictions. Say that Battery Park will be dunked by rising seas, then apartments down there should be worthless.
Ill pay that price, and even kick in all associated taxes and transfer fees to anybody who actually believes Cohens predictions.
Any takers?
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LOL!!!
I wonder why Stevey Cohen of the Earth Institute at Columbia University and James Hansen (of GISS which is tied to Columbia University) has an office which is just a block away from the Hudson River and sea level.
I think Stevey Cohen should be talking to the Columbia University about moving the University campus instead of trying to depress real estate prices.