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  1. #1741
    Join Date
    Jan 2010
    Location
    Outside Philly
    Quote Originally Posted by Mtn.Devil.91.92.01.10.15 View Post
    It's not rocket surgery. And in fact, it's the logic that has kept me from buying a house on the Outer Banks.

    Those islands will move dramatically over the next 30+ years, as is their design. Add to that, stronger storms that will likely wash away my favorite spots in the next 5-25 years, and rising oceans from ice caps... I'd have to have a LOT of money to consider that poor of a risk.
    I will never by a beach house. For many reasons but this is top of the list.

  2. #1742
    Join Date
    Nov 2007
    Location
    Vermont
    Quote Originally Posted by bundabergdevil View Post
    I will never by a beach house. For many reasons but this is top of the list.
    yeah, I never saw the logic in it. You can rent a house on the beach just about anywhere, any time, without the hassle of upkeep and the threat of it going into the drink. As for it being a "good investment," the answer to that is a pretty strong no.

  3. #1743
    Join Date
    Feb 2007
    Location
    Greensboro, NC
    The Great State of North Carolina subsidizes insurance for beach homes if the insurance companies won't. Why, I wonder? Real estate must be protected, land of the rich, that sort of thing.
    Man, if your Mom made you wear that color when you were a baby, and you're still wearing it, it's time to grow up!

  4. #1744
    Join Date
    Jan 2010
    Location
    Outside Philly
    Snoop Dog may buy Twitter now:

    “ Gonna replace the board of directors with Jimmy from my corner Fish Fry, Tommy Chung and tha guy with the ponytail on CNBC.
    12:07 PM · May 13,

    https://www.yahoo.com/news/elon-musk...193215764.html

  5. #1745
    Join Date
    Feb 2007
    Location
    Santa Cruz CA
    Quote Originally Posted by killerleft View Post
    The Great State of North Carolina subsidizes insurance for beach homes if the insurance companies won't. Why, I wonder? Real estate must be protected, land of the rich, that sort of thing.
    Without researching it, I always remembered it was a federal flood insurance plan that enabled people to invest in risky coastal real estate all up and down the east coast. Orrin Pilkey referred to it as the New Jerseyization of the coast in Oceanography 101? that I took as one of my most interesting undergraduate classes.

  6. #1746
    Join Date
    Jan 2010
    Location
    Outside Philly
    Who offers someone a horse in exchange for an erotic massage? Elon Musk (allegedly).


    https://www.yahoo.com/finance/news/s...221749528.html

  7. #1747
    Join Date
    Sep 2007
    Location
    Undisclosed
    Quote Originally Posted by bundabergdevil View Post
    Who offers someone a horse in exchange for an erotic massage? Elon Musk (allegedly).


    https://www.yahoo.com/finance/news/s...221749528.html
    “Wilbur, don’t drag me into your mess.”

  8. #1748
    Join Date
    Jan 2010
    Location
    Outside Philly
    Quote Originally Posted by OldPhiKap View Post
    “Wilbur, don’t drag me into your mess.”
    The YouTube guy tweeted at the PayPal and Tesla guy to stop “horsing” around with the Twitter thing and the PayPal and Tesla guy tweeted back that he will give the YouTube guy a horse if he touches, and I quote, “his wiener”. And all of this is news…


    https://www.dailymail.co.uk/news/art...es-wiener.html

  9. #1749
    Join Date
    Feb 2011
    Location
    Summerville ,S.C.
    Quote Originally Posted by bundabergdevil View Post
    I will never by a beach house. For many reasons but this is top of the list.
    I came to that conclusion after hugo.
    It took a entire row of beach houses and the street they were on .just gone .no where to rebuild .
    Further down the same island a house and land had washed out . The lot behind it became ocean view property .
    Fast forward 25 years later .someone paid a top market value for that view.
    The land /sand came back infornt of it.
    The owners still had title . Started to lay pilings to build a house again.
    Taking away the clear oceanview of the house that was purchased .
    Then came the lawsuit . Now there are 3 houses two with partial ocean views.

    I would have thought at some point in time . Someone would have reserved the first umpteen yds from the beach as a no
    Building zone .

  10. #1750
    Quote Originally Posted by wavedukefan70s View Post
    I came to that conclusion after hugo.
    It took a entire row of beach houses and the street they were on .just gone .no where to rebuild .
    Further down the same island a house and land had washed out . The lot behind it became ocean view property .
    Fast forward 25 years later .someone paid a top market value for that view.
    The land /sand came back infornt of it.
    The owners still had title . Started to lay pilings to build a house again.
    Taking away the clear oceanview of the house that was purchased .
    Then came the lawsuit . Now there are 3 houses two with partial ocean views.

    I would have thought at some point in time . Someone would have reserved the first umpteen yds from the beach as a no
    Building zone .
    And yet, for $ome rea$on they are reluctant to do $o...

  11. #1751
    Join Date
    Feb 2011
    Location
    Summerville ,S.C.
    Quote Originally Posted by Mtn.Devil.91.92.01.10.15 View Post
    And yet, for $ome rea$on they are reluctant to do $o...
    Yeah its a losing investment. They tried
    To hamper public parking .but they need those public dollars for beach renourishment .
    All to save thier investment .

    I was of the opinion let the ocean take it .we will have more beach for the public .

  12. #1752
    Quote Originally Posted by wavedukefan70s View Post
    Yeah its a losing investment. They tried
    To hamper public parking .but they need those public dollars for beach renourishment .
    All to save thier investment .

    I was of the opinion let the ocean take it .we will have more beach for the public .
    I agree in principle. But some of those small Outer Banks towns stand to lose absolutely everything in a very short timeframe.

  13. #1753
    Join Date
    Jan 2010
    Location
    Outside Philly
    Quote Originally Posted by Mtn.Devil.91.92.01.10.15 View Post
    I agree in principle. But some of those small Outer Banks towns stand to lose absolutely everything in a very short timeframe.
    How much do you invest to keep something in a place nature doesn’t want it to be? It’s like those cliff side homes in California that erode and crumble away.

  14. #1754
    Quote Originally Posted by bundabergdevil View Post
    How much do you invest to keep something in a place nature doesn’t want it to be? It’s like those cliff side homes in California that erode and crumble away.
    Oh, I understand. I'm just noting a difference between a luxury house that isn't a primary home on Hilton Head and a fifth generation fisherman on Ocracoke.

  15. #1755
    Quote Originally Posted by Mtn.Devil.91.92.01.10.15 View Post
    Oh, I understand. I'm just noting a difference between a luxury house that isn't a primary home on Hilton Head and a fifth generation fisherman on Ocracoke.
    Beach house
    1. Made of wood
    2. Ostentatious
    5th gen fisherman
    1. Gets morning wood
    2. Say, whaat??

  16. #1756
    Quote Originally Posted by Skydog View Post
    Beach house
    1. Made of wood
    2. Ostentatious
    5th gen fisherman
    1. Gets morning wood
    2. Say, whaat??
    I'm just saying, one of the two gets much more sympathy from me.

  17. #1757
    Quote Originally Posted by Mtn.Devil.91.92.01.10.15 View Post
    I'm just saying, one of the two gets much more sympathy from me.
    What is “5th gen fisherman”?

  18. #1758
    Quote Originally Posted by Skydog View Post
    What is “5th gen fisherman”?
    Someone whose family has been living and fishing in Ocracoke for over 120 years?

  19. #1759
    Join Date
    Jan 2010
    Location
    Outside Philly
    Quote Originally Posted by Mtn.Devil.91.92.01.10.15 View Post
    I'm just saying, one of the two gets much more sympathy from me.
    Sympathy, certainly. If nature sets its mind to something, it’s going to win and I suspect that is something the fisherman understands more than rich man. I’m fine with a certain amount of restoration and prevention and intervention, probably just draw my line a bit sooner than most.

  20. #1760
    Quote Originally Posted by bundabergdevil View Post
    Sympathy, certainly. If nature sets its mind to something, it’s going to win and I suspect that is something the fisherman understands more than rich man. I’m fine with a certain amount of restoration and prevention and intervention, probably just draw my line a bit sooner than most.
    I mean, I feel one should get a degree of economic relief and the other perhaps not so much.

    Regardless, those islands will keep shifting, destroying houses, roads, and Bridges.

    Nature wins in the long run.

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