https://wapo.st/4fIKcN1
Once again Monday night, he claimed that rising sea levels would create “more oceanfront property.”
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Well you see, the oceanfront properties we already sold will be underwater, so we can build new ones and sell them again!
Well, people who don't have oceanfront property right now will have one soon without having to move. /s
At the risk of being nerd sniped, I wonder if that's true or false. The intuitive answer is with higher sea levels more land would be underwater, meaning the land area has decreased and so its perimeter should decrease; in some cases lowlands like Florida or islands would completely disappear. But low lying basins flooding and turning into bays might offset that...Call XKCD.
Aside from that, if all the current waterfront property goes underwater, then previously undesirable land will slowly become more valuable, once we know where coastlines will land (it depends on when and at what temperature warming starts to flatten out). When that happens, it becomes another avenue for wealth transfer to the rich.
I think liquid water still expands when heated, so the oceans would still have quite some potential for sea level rise after the ice was gone.