they know that the seas will shrink... or are they banking on a FEMA/gov't subside?
http://money.cnn.com/2007/06/05/maga...ion=2007060509
Forget global warming: Beach property is hot
You'd think that the prospect of flooded coasts would mean that beachfront real estate prices would be sinking. But you'd be wrong. Fortune's Jon Birger dives into the topic.
FORTUNE Magazine
By Jon Birger, Fortune senior writer