lately, I have been thinking about what society will be like in the 22nd century. Now that's pretty far out there still, but it occured to me that if you buy a house to live in, (or are helping your kids buy a house), then you need to think about stuff like this, because chances are, you'll be looking to sell that sucker 30-40 years down the line.
So my thinking is this: Fossil fuels are getting more & more expensive to extract (as we have to go deep in the ocean or into war zones to get them) Obviously, alternative energy sources will get developed, but they will cost money to build. So transportation costs will go way up
Also, since fossil fuels are used to make fertilizer, 'regular' produce prices will also shoot up, to the point that organic food is going to be price competitive (or cheaper). But many organic farming methods are designed for small scale farms, and have not been tested for 'scaling up' to commercial farms
so here are my thoughts on buying a house that will maintain its value
1) make sure that public transportation is available
2) make sure that job/ shopping / entertainment are close by (the exurbs are going to DIE)
3) small local farms are going to be good for the resale avalue also
obviously, towns close to Metro areas are good, but which metro areas will thrive?
Historacly, coastal cities are more likely to get rebuilt rather than abandoned (in-land cities often rely one a singe resource - a big company, or a university (or a railroad). it that goes, so does the town). just make sure that you aren't going to get flooded out if the ocean level rises a couple of feet.
just some musings
So my thinking is this: Fossil fuels are getting more & more expensive to extract (as we have to go deep in the ocean or into war zones to get them) Obviously, alternative energy sources will get developed, but they will cost money to build. So transportation costs will go way up
Also, since fossil fuels are used to make fertilizer, 'regular' produce prices will also shoot up, to the point that organic food is going to be price competitive (or cheaper). But many organic farming methods are designed for small scale farms, and have not been tested for 'scaling up' to commercial farms
so here are my thoughts on buying a house that will maintain its value
1) make sure that public transportation is available
2) make sure that job/ shopping / entertainment are close by (the exurbs are going to DIE)
3) small local farms are going to be good for the resale avalue also
obviously, towns close to Metro areas are good, but which metro areas will thrive?
Historacly, coastal cities are more likely to get rebuilt rather than abandoned (in-land cities often rely one a singe resource - a big company, or a university (or a railroad). it that goes, so does the town). just make sure that you aren't going to get flooded out if the ocean level rises a couple of feet.
just some musings