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A comment on My take on the study from MIT that predicts “societal collapse”. Parent comment

Re:My take on the study from MIT that predicts “societal col... by marcosdumay on Thursday July 15, 2021 @10:24PM (#27852452)
And yet, we are here, with oil priced around 100x what it was when the book was published, so that it is being outcompeted by alternatives for several uses. It's not great, but people are adapting just fine.

And by the way, that wildfire may have been caused by Global Warming, the the house price (that's actually what is bankrupting you) is really not because of this collapse.

Anyway, the conclusion is that we should focus on adapting faster and better. I'm not sure if playing doom is helpful.

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Re:My take on the study from MIT that predicts “societal col... by XorNot on Thursday July 15, 2021 @10:42PM (#27852548)
It's not the house price: it's your house is destroyed and the land is no longer viable. What do you do?

Same problem with coastal real estate: your house is now uninsurable against flood, and then gets flooded and is destroyed - what do you do?

Take a recent disaster: say as a resident you believe the Miami condo you lived in was structurally unsound, but the management does not: what do you do?

"Adapt" means quite different things at different scales, and you currently live in the "oh, yeah its a big more expensive" part of that. But no middle class person can afford to straight lose the value of their house if they own it.

In all these cases you're alive, you probably have running water, food and power. But you're poorer - by a lot, and your quality of life is reduced. You "adapted".

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Re:My take on the study from MIT that predicts “societal col... by marcosdumay on Friday July 16, 2021 @11:49AM (#27857549)
> It's not the house price: it's your house is destroyed and the land is no longer viable. What do you do?

Move. Our difficulty to move is a new phenomenon and isn't created by any of the variables on those simulations.

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Re:My take on the study from MIT that predicts “societal col... by XorNot on Saturday July 17, 2021 @10:05AM (#27865836)
With what capital?

Essentially no one can afford to lose the value of their house. That's the point: you're going to take a 100% loss on the value of the land and building.

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