Population Deflation

[aaron]

Re: Population Deflation

The deflation is good. Now, a whole new generation can afford to move down there for retirement. Florida will be fine. There will be a mass migration of boomers soon enough.

[Wild Style]

Re: Population Deflation

The deflation is good. Now, a whole new generation can afford to move down there for retirement. Florida will be fine. There will be a mass migration of boomers soon enough.

good for retirees, bad for young workers

[Quincy K]

Re: Population Deflation

The deflation is good. Now, a whole new generation can afford to move down there for retirement. Florida will be fine. There will be a mass migration of boomers soon enough.

I disagree, Aaron. As people get older they become more conservative. Insurance/property taxes are extremely expensive there I never could figure out why people elect to live in areas where they could be wiped out in one day because of a natural disaster if they elected to self-insure.

I knew of such person who lived in the Cayman Islands.

She was uninsured and her property was taken out on one bad day.

Financially, she was too.

[ricket]

Re: Population Deflation

As far as land values, you should think again. I live 40 miles from downtown Atlanta and until recently raw land down the street was going for over $100,000 acre. This made for a lot of rich farm boys in my area. My county was rated by Forbes the 13th wealthiest county in the nation, and I've seen others that factored in the cost of living that put it at #1. Its also been ranked one of the fastest growing counties in the nation for many years.

Sorry, but if its so bad, why are so many people moving here?:confused:

Howdy neighbor!

(Well sort-of, Im about 30 miles outside of Atlanta, but West)

[KGW]

Re: Population Deflation

A few days ago (unfortunately, I don't know the url) I read a piece by a group of scientists who said basically that. Global warming? To the extent that it is caused by humanity, less human population would obviously help. They were of the opinion that politicians talk about "global warming" because its an anomalous entity that they can flummox the public with...Thus avoiding the real issue: way to many of us!

Agree with that.

People tend to be ignorant of how fast the human population has grown in the last 300 years. Population of London in 1700, one of the largest cities in the world at the time, about 500,000. Tucson, AZ today has more people. Greater London today, over 7.5 million.

No wonder people can't get along( not that they got along all that well back then either!) But just do the math about life 50 or 100 years from now. Maybe instead of global warming we should be concerned with human warming.

[Jay]

Re: Population Deflation

dunno, why?

I wonder if I can get a job down there at some point if need be.

[BigBagel]

Re: Population Deflation

There was an interesting article in The Atlantic a few months back on how the new economic realities will effect different parts of the country. The author wrote that sunbelt cities were basically Ponzi schemes that were built on population growth and the resulting development caused by it. No newcomers, no growth, no money. The author wrote a place like New York City will do well because it's hard to duplicate the infrastructure for a world financial center. The British Empire is gone but London remains a world financial capital. He felt the same will thing will happen with NY.