So I was boarding these past few days in southern France and Italy (Isola 2000 and Limone if you're interested). OK snow conditions, nothing to write home about, good spring skiing with warm balmy weather, bright sun and blue skies.
It got me thinking about all the homes and condos in these areas, many for sale today. Will they hold their values as ski conditions continue to deteriorate? When the snow goes away, will the people still come? I think not.
I spoke to some of the locals and to a person they all said that it just gets worse every year. And I think this scenario is playing out around Europe and around the world. If you want good skiing, you'll have to go north - which will be good for those areas (hello Canada and Sweden), bad for the popular and famous ski areas around here.
But what other cities will have homes declining in value as global warming really kicks in, and the reason for their popularity goes away, or they go under water, or get their butts kicked by wild storms, or insurance gets impossible to buy.
New Orleans - no brainer.
Miami, Tampa, Jacksonville, Naples, etc - goodbye.
The Carolinas - wouldn't want to be near the coast.
Amsterdam - better build on stilts
Venice - get there while you still can.
Phoenix and Vegas - good luck finding water or a cool place in a few years.
And on the flipside - what areas will be global warming winners? I need to spend some time in Iceland and the Nordics, and Canada ain't looking too bad in NA.
Chime in here. I know a few of you (probably part of the 19% below) still doubt (or don't understand) global warming science. I hope you spend a couple hours of your life and at least start doing your own research and get beyond your Al Gore hatred. Forget the messenger, read the science yourselves. I doubt the nay-sayers have spent 1 minute looking at the science, which is par for the course and to be expected among the ignorant.
No matter what you do, think twice about buying that house on the beach in Tampa. Or that ski condo in Bulgaria.