WSJ Real Estate on Twitter
twitter.com
Since the start of Covid, buyers have poured billions of dollars into property in Palm Beach, with at least 22 sales north of $40 million, two exceeding $100 million and ~35 deals over $30 million. More from @WSJ's @KathyClarkeNYC+ @ebsolomont: https://t.co/JrIqIs79Wr— WSJ Real Estate (@WSJRealEstate) July 23, 2021

I can't fathom why anyone would overpay for these properties when climate catastrophes loom- especially for hot coastal regions. They'd better hope they can flip it to a bigger sucker before that beach is underwater.

  • Rojo27 [he/him]
    ·
    3 years ago

    Matt Yglesias: Capitalism is going to solve climate change any second now :squidward-nervous:

    Granted, I'm sure this is what most capitalists would consider a "solution" to climate change.