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If Climate Catastrophe Predictions Are Accurate, How Do We Explain Cape Cod Real Estate?

There’s a lot of geologic history to be found on the subject of Cape Cod. A long finger of “land” that “consists almost entirely of sand, gravel, silt, clay, and boulders, with no solid bedrock whatsoever showing anywhere or even to be found at depths of many feet below the surface.”

In other words, there’s not much to it. It is a spit of land from sea level to a few dozen meters in height in most places. And it’s got a problem. Real Estate prices are astronomical. They’ve gotten so bad that long-term renters may be unable to afford to live in homes they’ve occupied for years.

The Boston Globe has a piece from yesterday that leads with” ‘We are losing the Cape we have always loved’: Soaring home prices on Cape Cod put the pinch on longtime renters.”

Much like Portsmouth here in New Hampshire, land at or near the coast is much more expensive than inland which has risen exponentially in value in recent years. It makes no sense. Why would people pay top dollar plus for a home and a mortgage that, according to the “experts,” should literally be underwater?

What bank hands out a 30-year loan on a property that shouldn’t be there before it’s paid off? Cape Cod is doomed, just like Barry and Shell’s 20 million dollar getaway on nearby Martha’s Vinyard.

From Federal to State to Local Government, an entire political party has dedicated itself to reenvisioning the economic system because of the threat.

They’ve used “vaccine hesitancy” to cut air travel (fewer pilots) and trim the number of truck drivers and available road transportation, a primary goal of the unpassed and unauthorized Green New Deal (GND).

Democrats are committed to banning fossil-fuel vehicles whose alternatives we can’t charge and no one could afford before they wrecked the economy.

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All of these things, in their minds, lower transportation emissions, a significant goal of the GND. Lately, it has been the biggest target on their tiny minds, from TCI to gas taxes they no longer need to pass because the Biden Administration kneecapped oil production and undercut national energy capacity and infrastructure.

Deliberate misery to advance a goal meant to reduce CO2 to save us from the rising seas – at least on paper.

The seas that would swallow Portsmouth, and Martha’s Vinyard, which – magically – still have some of the most desirable and expensive properties. Valuable to many of the same Libs pushing emissions reduction policy.

And then there’s Cape Cod. It’s still there. It has beaches. It’s not gone. And it is getting costly to live there because of the genuine expectation that it will still be there for many years, no matter what the Dems and the media say.

And you know what they say about what they do? It’s what they do, not what they say.

Steve is a long-time New Hampshire resident, blogger, and a member of the Board of directors of The 603 Alliance. He is the Managing Editor and co-owner of GraniteGrok.com, a former board member of the Republican Liberty Caucus of New Hampshire, and a past contributor to the Franklin Center for Public Policy.

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The views and opinions expressed in this article are solely those of the author and do not necessarily represent those of The Blue State Conservative. The BSC is not responsible for, and does not verify the accuracy of, any information presented.

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Image by David Salahi from Pixabay