Been reading all these articles couple days that are bit doom and gloom in regard to global warming and sea rise. I don't care if you believe the science or not, this is a hypothetical assuming its true and the sea rises a good bit in next 50 years.

I live in a coastal area that would likely be effected in these projections, hypothetically how is this going to go down from a property ownership standpoint? If some flood/hurricane comes out of nowhere insurance will pay. But if this is more progressive over a long time frame will it get to point where it is impossible to be insured and I will just eventually have property value go to zero? Is there going to be some sort of "bail out"?

Sea rise threat is completely nonexistent even if you believe the worst projections. It's pure horse **** media beat up. A world war with China that depresses property prices is an order of magnitude more likely. As is a plague that depopulates the human race enough that properly values plummet due to excess supply.

It's completely meaningless. At worst it will creep up a meter by 2100, with most of that weighted after 2050. If there is zero mitigation. If the projections pan out.

No there won't be a bail out, because it will be so incredibly slow and so widespread.

Nearly all property is meters above sea level. Nothing about sea level rise is going to make coastal properly less valuable. Coastal property will grow more valuable, not less, because it's finite and a whole dimension smaller. It's all a big fat nothing.

Where I live a good bit of the property is less than a meter above sea level, so how is it a "big nothing" if the sea rises a meter and covers the property??? Also the issue is what was once a 1000 year flood now will become a 100 or even 10 year flood. How are we all going to continue to get insured in the long run?

Raise the elevation of your house

It's not doing a meter for 100 years. If the worst comes true. If we do zero mitigation.

In 40 years when it's up maybe 30cm, nothing will have changed. Except your house will have devalued (by natural aging) while you'll still have prime waterfront property.

That's without even counting the engineering advances we will have. For hundreds of years the Dutch have actually reclaimed the sea on a large scale- before bulldozers or even engines - and lived below sea level. You think we won't be able to cheaply do soil injection in 50 years to raise everything up half a meter?

Not to mention, building technology will have advanced so far that you'll be wanting/needing to rebuild anyway, as your old house will be the equivalent of an 70s brick apartment.

There is just zero to think about or worry about here.

As for 1000 year floods, no, these are caused by storms, so dropping things down a little doesn't make it worse. The houses right on sea level right now manage to get insured. Your house in 50 years will be just like them. It's all just horse **** and hysterical hype.

The property isn't going to be erased in a slow and steady fashion. For the most part, the costs will be borne over time (think Venice and Netherlands) with very expensive building technology, stricter building codes, and anti-flood infrastructure investments.

I think the scarier thing is the migration that global warming can cause. I read somewhere that the costs of raising barriers of all of earth's coastlines by 1 meter would be in the neighbourhood of $500 billion in 1990 money. So about a trillion $.

Potential scarier armageddon scenarios:

Solar flare hits transformators and power goes down. We need several thousand new transformators, but annual manufacturing capacity is only about 500 per year.

Looting would start within a week while other side of planet frantically ramps up capacity to build new transformators.

Or how about this, we need a lot less oil. Arab countries and Russia fail to adapt their kleptocratic economies. Putin gets a heart attack and dies, and without a strongman Russia starts to fall apart again. Due to non existing economy, and no longer getting much income from oil and gas, most of the 5000's nukes they own are unguarded. Because the soldiers are not getting their salaries. Several dozen nukes just dissapear.

Then the situation in the middle east and North Africa gets even worse, climate gets hotter and more farmland disappears. Europe has finally started to build a large wall to keep the stream of about 75 million migrants out. Humanitarian disasters are happening left and right on small islands in Greece. A civil war breaks out in Turkey. Then one of the missing Nukes explodes in the middle of Berlin.

When asked for comment, President Elect Kanye West remarks that he is really underappreciated and that only in death people will truly understand him.

Or a super virus as Toothsayer has said.

In Florida, they cannot even dredge up the sand fast enough anymore to replace the sand that's eroding on the beaches, so they now just import sand from elsewhere

Sands wax and wane over time and always have. The difference now is not sea level rise as much as the fact that we've built more and more structures on boundaries that naturally wax and wane and shift large distances. Flat sandy coasts aren't stable things and never were.

Read this article last year, sorta about that.

https://www.nytimes.com/interactive/...-flooding.html

The sun is going to burn out some day. Nothing matters

Here's a recent article discussing the bad place that the National Flood Insurance Program finds itself.

https://www.washingtonpost.com/natio...=.d83b7092a0fa

Global warming is not your problem. Investing with almost no margin for error is your problem. Read what Taleb has to say.

What if the sea level rises in 50 days?

This is completely wrong. A good place to start on sea level projections.

As to the OP's question, things would probably get worse after a major storm, especially as companies fold or require bailouts. The good news is that the insurance companies are preparing. I'm sure they've had conferences on the subject of climate change, so you might find more detailed information by looking at what the insurance industry is saying.

It's completely right, as are the rest of my comments on the topic. From your link:

This is in 83 years time, with the rise probably weighted toward 2100.

There are a few out there models that produce 1.5m, but the history of global warming models has been enormous overestimation. There's an enormous publishing bias toward catastrophic results, as well as a big headline bias toward catastrophe. It ends up with people like OP worried sick about something that will never affect him and that has zero scientific basis (sea rises large enough to mess with properties in a meaningful way). It happens in every age, a moral or environmental panic with doomsday projections. They never come true.

I live about a mile from the beach. I can't wait until i have beachfront property! I guess i'll only have to live about 800 years.

I overestimated. If you're in Texas the water rose in less than a week.

low areas will be worth less in the next few decades. how much depends on water levels and climate.
the old saying build on high ground is still sound.

people tend to make short term decisions. and thats why the majority of people dont get far ahead.