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There is no climate change

Winston

Winston

Do you feel lucky, Punk
EatTheRich said:
So their risk is lowered by the fact that property values on the Florida coast are already declining, and they are gambling that enough of the homes will be fully or partly paid off by the time they are underwater that it is worth it ... for now.
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You are delusional, banks are issuing 30 year mortgages every day in Florida. The building goes on nonstop. As for retail value declining in Florida, if it is this is because of overbuilding which requires more bank loans

https://www.5867paradisepoint.com/?gclid=CjwKCAjwtYXmBRAOEiwAYsyl3FXR6mekto3cOYRR6lSsrIg-qfl-i-5_10aPY9S_tPJ737RUdy9eYRoC5VgQAvD_BwE

http://allcountyfranchise.com/blog/2nd-most-expensive-home-florida?matchtype=b&network=g&device=m&adposition=1t2&keyword=&campaign=1641735317&adgroup=61201564685&gclid=CjwKCAjwtYXmBRAOEiwAYsyl3DZLLja5j1S4myS-bs_bZDHTys7-CQs8kxJv9Pmcogr8I2Onka0--RoCM7sQAvD_BwE
 
Woolleybugger

Woolleybugger

Mayor
Winston said:
Correct because climate change is a permanent part of the Earths dynamic equilibrium for over 5 billion years.

I knew you would see it my way.

When by the way was the time when climate change is known to have not been happening?

Next
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Only a truly misinformed person would try to make this argument. Or maybe a teenager, you seem confused about the dangers of accelerated climate change in the modern era. One thing you may want to consider is the impact upon humanity if it happened today. That is the issue not whether the earth's climate is changing for the first time. My head hurts trying fathom this idiocy.
 
Winston

Winston

Do you feel lucky, Punk
Woolleybugger said:
Boy, that sure is a compelling argument you have there. Because experts did not appear 1 billion years ago, no one is an expert on time. My head hurts trying to understand this kind of stuff.
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Actually no one can define what time actually is, but that jumps into the theoretical.
 
Winston

Winston

Do you feel lucky, Punk
Woolleybugger said:
Only a truly misinformed person would try to make this argument. Or maybe a teenager, you seem confused about the dangers of accelerated climate change in the modern era. One thing you may want to consider is the impact upon humanity if it happened today. That is the issue not whether the earth's climate is changing for the first time. My head hurts trying fathom this idiocy.
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You might want to spray some penetrating oil in your ears. There is no evidence that the climate is changing any faster now then when the ice age melted. Pollution is not climate change
 
E

EatTheRich

President
Winston said:
Nope, if the ocean was really rising the govt would restrict sales in these zones
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As the government is doing in China? As long-term mortgages are not available for vulnerable coastal properties in Egypt, the U.K., the Netherlands, Belgium, Ireland, or Thailand?

Is it your position that all banks are optimally managed and that the government is both competent and not corrupt?
 
Winston

Winston

Do you feel lucky, Punk
EatTheRich said:
As the government is doing in China? As long-term mortgages are not available for vulnerable coastal properties in Egypt, the U.K., the Netherlands, Belgium, Ireland, or Thailand?

Is it your position that all banks are optimally managed and that the government is both competent and not corrupt?
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Actually most banks are multinational. Those restrictions if real are decisions made by those governments not the banking system.

Seriously you went to school to prove how dumb you are

Jesus
 
E

EatTheRich

President
Winston said:
Actually most banks are multinational. Those restrictions if real are decisions made by those governments not the banking system.

Seriously you went to school to prove how dumb you are

Jesus
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Yeah, other countries have more regulation that prevent banks from unloading bad debt on uninformed downstream investors.
 
E

EatTheRich

President
Winston said:
NASA was created to go to the moon. Why should I believe NASA any more than the FBI that doesn't think that sending SAP labeled emails thru yahoo isn't a violation of the espionage act if a Clinton does it.

130

Really
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Uh, because they successfully put people on the moon while all the Heartland Institute ever produced were studies claiming that smoking doesn’t cause cancer?
 
Winston

Winston

Do you feel lucky, Punk
E

EatTheRich

President
Winston said:
What planet are you on again that Florida waterfront property is depressed? In reality waterfront property values are rising, partly because of the Trump market

https://www.bing.com/images/search?q=florida+waterfront+property+price&FORM=HDRSC2

This Florida home is obviously owned by a dumb investor that the bank suckered into buying
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https://www.google.com/amp/s/amp.miamiherald.com/real-estate/article209611439.html

Someone paying a mortgage does not own a home. They own increasing equity in the home, which means the banks’ risks are decreasing. But whoever the banks package and sell the credit default swaps to owns the home.
 
Winston

Winston

Do you feel lucky, Punk
EatTheRich said:
https://www.google.com/amp/s/amp.miamiherald.com/real-estate/article209611439.html

Someone paying a mortgage does not own a home. They own increasing equity in the home, which means the banks’ risks are decreasing. But whoever the banks package and sell the credit default swaps to owns the home.
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A bank has no obligation to fund a mortgage in a flood or lava flow zone. They only take acceptable risk, and there is no financial risk in beachfront property because even if the home is washed away another will build on the limited beachfront property. The land is typically worth more than the home in these zones.

But you keep informing us with your Burger King knowledge
 
E

EatTheRich

President
Winston said:
A bank has no obligation to fund a mortgage in a flood or lava flow zone. They only take acceptable risk, and there is no financial risk in beachfront property because even if the home is washed away another will build on the limited beachfront property. The land is typically worth more than the home in these zones.

But you keep informing us with your Burger King knowledge
Click to expand...
No, there is little risk because by the time homeowners start defaulting they will already have made a profit on the interest and probably sold off what remained of their toxic asset as well.
 
Winston

Winston

Do you feel lucky, Punk
EatTheRich said:
No, there is little risk because by the time homeowners start defaulting they will already have made a profit on the interest and probably sold off what remained of their toxic asset as well.
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Face it kid, the ocean was supposed to have risen over a foot by now and there is zero rise recorded..... The banks know this
 
E

EatTheRich

President
Winston said:
Lol sea level has been rising for 20000 years its quite normal.

All al bore did was babble about the north polar ice melting.....

https://www.bibliotecapleyades.net/ciencia2/ciencia_globalwarmingpseudo_algore06.htm
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First: “there has been zero recorded rise.”
Then: “sea level has been rising for 20000 years now its quite normal.”

See why you lack credibility?

Prior to the 20th century, sea level rise was never higher than 4 cm per century. Now it is averaging 30 cm per century.
 
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