September 18, 2022 | permalink
My fall speaking tour kicked off out west this week with the RE/MAX Commercial Symposium in Tucson on Tuesday, followed by a short hop to Denver for the Colorado Commercial Real Estate Symposium. (Are you sensing a theme?) My talk in Denver was covered by The Denver Post, which made me sound maybe a little more alarmist than I had intended. (Okay, it was exactly the level of alarmism I was aiming for.) From their story:
People who relocated during the pandemic favored areas at higher risk of disruption due to climate change, but they may come to regret those moves over the long term, futurist Greg Lindsay told a gathering of the Denver Metro Commercial Association of Realtors on Thursday morning.
“Americans are moving in the wrong direction,” Lindsay said of migration patterns during the pandemic, and even before. “Markets are underpricing climate risk.”
Wrong as in moving from cooler northern coastal areas and the upper Midwest to the Sunbelt. Wrong as in moving to Arizona and Nevada, popular states that suffer from ever-increasing temperatures and worsening drought. Wrong as in flocking in large numbers to coastal Florida and Miami, where rising water levels could submerge vast swaths of land in coming decades if powerful hurricanes don’t scrape them first.
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Greg Lindsay is a generalist, urbanist, futurist, and speaker. He is a non-resident senior fellow of the Arizona State University Threatcasting Lab, a non-resident senior fellow of MIT’s Future Urban Collectives Lab, and a non-resident senior fellow of the Atlantic Council’s Scowcroft Strategy Initiative. He was the founding chief communications officer of Climate Alpha and remains a senior advisor. Previously, he was an urban tech fellow at Cornell Tech’s Jacobs Institute, where he explored the implications of AI and augmented reality at urban scale.
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