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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 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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