All Forum Posts by: Account Closed

Quote from @Michael Borger:

In coastal areas like Hawaii, where I invest (in addition to Alaska), you have to be mindful of environmental hazards -- hurricane susceptibility, erosion, salt corrosion, etc. I used to work in geoscience and was part of a study on erosion in the Hawaiian islands. Some beaches erode, some accrete, some have big swings, etc. If you don't think about it when you buy, someone else will when it's time to sell (and the situation is worse). I personally have to be really convinced to buy anything beachfront -- the risks are often not worth it. 

 Investing in the property just back from Oceanfront maybe the ticket, but yes I think most investors are not looking at the high costs of investment in beachfront.  I suggest farm properties as So Cal keeps losing farms Hawaii has some of the farmland in the US, maybe world. 

So many family farms are being lost. Great idea. Thanks

@Margaret Blythe

Interesting.

Maybe buy properties 1 street from ocean expecting them to be ocean front one day?

Quote from @Janet Reynolds:

Quote from @Account Closed:

Quote from @Janet Reynolds:

Quote from @Account Closed:

Quote from @Michael Borger:

In coastal areas like Hawaii, where I invest (in addition to Alaska), you have to be mindful of environmental hazards -- hurricane susceptibility, erosion, salt corrosion, etc. I used to work in geoscience and was part of a study on erosion in the Hawaiian islands. Some beaches erode, some accrete, some have big swings, etc. If you don't think about it when you buy, someone else will when it's time to sell (and the situation is worse). I personally have to be really convinced to buy anything beachfront -- the risks are often not worth it. 

Thank you, Michael. See you are from San Diego. Someone that works in aerospace told me that there won't be that problem in San Diego county with ocean water temps less than 70 degrees? Absolutely love San Diego county and wish I could do something in Encinitas, CA but priced way out of the market. How far inland from the oceanfront would you consider? Was looking at South Carolina and Florida. My friend has lived in Hawaii and invested in Kona and says the same thing as you.   

 Thanks, Janet! You have so much firsthand knowledge with real estate in Hawaii. Hope to go there one day soon!  

Let's plan on it. My main concern on the outer islands is medical and infrastructure. I broke my neck and back at Magic Sands in Kona and was airlifted to Oahu. Kona doesn't have a trauma center. I had to stay on Oahu after surgery for rehab. After I got back it was impossible to see a neurologist on the Big Island. There is a 40% shortage of medical personnel. All of the outer islands send their patients to Oahu for Medical specialties, this causes huge back ups. This is the reason I moved to Colorado. I think you really need to be aware before you move there. 

Quote from @Account Closed:

Quote from @Bob Stevens:

Quote from @Account Closed:

Is anyone making investment decisions based on climate change? I spoke with an environmental scientist and she had many recommendations with real estate investing due to climate change effects. Would love to hear your opinions.

 HECK NO!! 

 Love your straight to the point response! Best way to be. Thanks, Bob. 

 Lol, why waste my time with this, its 100% irrelevant. If FL was going to be under water in 10 years , they said that 20 years ago, then the banks would not give 30-year mortgages. Banks and insurance cos run the world 

Quote from @Account Closed:

Quote from @Michael Borger:

In coastal areas like Hawaii, where I invest (in addition to Alaska), you have to be mindful of environmental hazards -- hurricane susceptibility, erosion, salt corrosion, etc. I used to work in geoscience and was part of a study on erosion in the Hawaiian islands. Some beaches erode, some accrete, some have big swings, etc. If you don't think about it when you buy, someone else will when it's time to sell (and the situation is worse). I personally have to be really convinced to buy anything beachfront -- the risks are often not worth it. 

Thank you, Michael. See you are from San Diego. Someone that works in aerospace told me that there won't be that problem in San Diego county with ocean water temps less than 70 degrees? Absolutely love San Diego county and wish I could do something in Encinitas, CA but priced way out of the market. How far inland from the oceanfront would you consider? Was looking at South Carolina and Florida. My friend has lived in Hawaii and invested in Kona and says the same thing as you.   

Quote from @Account Closed:

Is anyone making investment decisions based on climate change? I spoke with an environmental scientist and she had many recommendations with real estate investing due to climate change effects. Would love to hear your opinions.

 HECK NO!! 

Coastal cities in the United States haven't been doing particularly well over the last few years. I guess you could add climate change as another reason to be wary of them. But I'd be careful with any long term forecasts (economically, demographically, environmentally, etc.). They have a tendency to be wrong or exaggerated. Best to stick to the fundamentals. 

Yes I am investing in Alaska and Hawaii. 

In coastal areas like Hawaii, where I invest (in addition to Alaska), you have to be mindful of environmental hazards -- hurricane susceptibility, erosion, salt corrosion, etc. I used to work in geoscience and was part of a study on erosion in the Hawaiian islands. Some beaches erode, some accrete, some have big swings, etc. If you don't think about it when you buy, someone else will when it's time to sell (and the situation is worse). I personally have to be really convinced to buy anything beachfront -- the risks are often not worth it. 

Hi Margaret, 

I definitely would not change my investing plans based on predicted climate change. There are plenty of things that can be done with current technologies to combat the effects, whether it be to hold back the ocean (just look at New Orleans--has been below sea level for hundreds of years) or AC units that are becoming more and more efficient each year. Even if the worst predictions become a reality, hot and coastal areas are still going to be nicer places to live than the Midwest. 

John