The Bay Area will need to mount a concerted effort to combat devastating sea-level rise in the coming decades. How and whether cities and counties will be able to get the funding is the $110 billion question.
People pay a landlord rent (most often) because they don’t have any other realistic options. In this case we do. The money is going to be spent regardless, why not spend it on something that is more long-term?
It’s like paying rent; the landlord still owns the property, but it gets you the ability to to use it for a while.
People pay a landlord rent (most often) because they don’t have any other realistic options. In this case we do. The money is going to be spent regardless, why not spend it on something that is more long-term?
Because a century is longer than a lifetime. That’s enough for most people when it comes to a place to live
Which is why we are in the mess we are in. Kicking the can down the road.