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marmar's Journal
marmar's Journal
April 2, 2022

The Ocean Is Coming for Homes. That's Not Priced In.

(Bloomberg Opinion) -- The rise in sea levels is on track to increase highly destructive flooding fivefold in the U.S. by 2050, but a new study of home prices in coastal Florida suggests buyers are oblivious or indifferent to the risk. Governments need to take action to ensure that everyone has the right information about this critical threat.

Freddie Mac researchers led by Ajita Atreya found that homes directly exposed to projected sea-level rise command no discount over those that aren’t. There were discounts for homes in designated flood plains, but that’s probably to offset the cost of flood insurance they must carry if financed with a government-backed mortgage rather than future sea-level risk. The findings hold true for investment properties in addition to those bought as primary residences.

In all, the market’s willingness to look past sea-level risk amounts to a dangerous oversight. About 40% of the U.S. population lives in coastal counties, according to the National Oceanic and Atmospheric Administration, and NOAA researchers now project an average of 10 to 12 inches of sea-level rise by 2050, even if the world manages to cut greenhouse gas emissions before then.

Yet many buyers are clearly lacking important information. Florida and many other states don’t even require sellers to disclose past floods, let alone tell buyers that a home faces sea-rise risk. In a ranking from the National Resources Defense Council’s website, Florida is among 21 states that receive an “F” in flood disclosure, meaning there’s no statutory or regulatory requirement for flood disclosure at the the time of sale. Even in the states that require disclosure, they often come at the 11th hour, when buyers are signing stacks of closing documents, according to Michael Gerrard, director of the Sabin Center for Climate Change Law at Columbia Law School. Renters typically get fewer protections than buyers.

Read more at: https://www.bloombergquint.com/gadfly/the-ocean-is-coming-for-homes-that-s-not-priced-in
Copyright © BloombergQuint

April 2, 2022

Eat eggs, do crime: John Waters on 50 years of "Pink Flamingos"

Eat eggs, do crime: John Waters on 50 years of "Pink Flamingos"
From 1972 to 2022, we still all love a good poop joke


When "Pink Flamingos" premiered in theaters in 1972, audiences reacted to the film similarly to how they did when "The Exorcist" debuted the following year. They fainted. They puked. They fled theaters in terror. And John Waters loved every second of it.

The film that divided audiences with its switchblade sharp dialogue and greasy-sleazy cast of visually threatening unknowns is in the midst of another resurgence in a cultural landscape that is, in many ways, more conservative than it was 50 years ago. The pressure of responsibility, both good and bad, amidst what some would call "cancel culture" and amongst the prevalence of trigger warnings would seem to put a thumb on a movie like "Pink Flamingos" and yet, it's even funnier now than before. Is it because poop jokes and chicken sex are a tie that binds?

"Eating s**t was just a pre-'Jackass' moment of anarchy that continues to startle and delight," Waters said when Salon asked about the film in today's context. "Is it politically incorrect to eat a dog turd? There's a woke debate for the future!

"I understand what you mean about today's trigger-warning audiences," he added, "but I would argue 'Pink Flamingos' IS politically correct. The right people win; the judgmental and the jealous lose." ...............(more)


April 2, 2022

Montreal Blue Line's east extension progresses toward 2029 opening

Société de transport de Montréal (STM) is moving forward with an eastern extension of the Montreal Blue Line with five new stations between Saint-Michel and Anjou, the extended line’s new terminus.

The C$6.4 billion (US$5.12 billion) extension is being funded in part by the province of Quebec, which will provide a C$1.12 billion (US$0.9 billion) grant to STM, which will be used to continue planning the extension, as well as for metro asset maintenance programs and its universal accessibility program. The federal government committed C$1.3 billion (US$1.04 billion) toward the project through the Investing in Canada Infrastructure Plan.

The planned extension went through a review by an action group in 2021. The group consisted of representatives from Autorité régionale de transport métropolitain (ARTM), the city of Montreal, STM, the Société québécoise des infrastructures (SQI) and the Ministère des Transports (MTQ). The action group provided recommendations on how to best serve the mobility needs of residents in eastern Montreal. ...................(more)


April 1, 2022

1950 census release is a 'genealogy goldmine,' can fill gaps in family trees

(Detroit Free Press) Seventy-two years ago, someone knocked on your ancestor's door and asked them a series of questions. Friday, all of that information will be at your fingertips.

So break out the family tree and prepare to go digging.

All of the 1950 census will be released Friday after a mandatory wait of 72 years.

Some data from the 1950 census is already available, just like we have data from every census before and since, but those are just statistics.

Friday's data release includes free digitized access to specific individual information, said Margo Anderson, historian and census expert. ...............(more)


April 1, 2022

Maskhole removed from Southwest flight out of Dallas, compares herself to Rosa Parks and Anne Frank

DALLAS (CBSDFW.COM) – A Southwest Airlines flight out of Dallas Love Field Wednesday, March 30, was delayed after a passenger on board refused to wear a mask.

Before she was taken off the plane, she compared herself to Rosa Parks and Anne Frank.

“It probably didn’t make sense for Rosa either. It probably didn’t make sense for Anne Frank either.. We have to take a stand.”


Passengers headed to Long Beach ended up getting nearly two hours late. ............(more)


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Hometown: Detroit, MI
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