Aside from that, if all the current waterfront property goes underwater, then previously undesirable land will slowly become more valuable, once we know where coastlines will land (it depends on when and at what temperature warming starts to flatten out). When that happens, it becomes another avenue for wealth transfer to the rich.
Aside from that, if all the current waterfront property goes underwater, then previously undesirable land will slowly become more valuable, once we know where coastlines will land (it depends on when and at what temperature warming starts to flatten out). When that happens, it becomes another avenue for wealth transfer to the rich.
Flatten out? That’s optimistic
well, eventually we’d run out of ice to melt.
I think liquid water still expands when heated, so the oceans would still have quite some potential for sea level rise after the ice was gone.