The Eliminati: Sell your land, pocket your critical thinking . . . half-brained theater

This sort of reasoning is foolish. As the above sea level mean height of San Francisco approached the low tide mark, land values would plummet and no one would buy land here. The result would be that the city would remain but its property tax revenue would evaporate with the decline in land values. To make up the lost revenue the city sales tax would have to be hiked to 125%! How could small businesses remain viable?

As tv detectives often say in trying to unravel the mystery, "Follow the money." Even if SF were 3 feet under water, and everyone traveled by boat between locations, the price of locations would remain as high as ever, if incomes were sustained. Venice is sinking. Manhattan will probably be destroyed in the next century by rising sea levels, as will coastal Florida. Yet, land prices have not plummeted. Much of SF is built on landfill, but that land still has value. Clearly, what has value is strategic location, not material composition. Let Dub take all the dirt he wants, as long as he does not interfere with economic activity (like causing the BART tunnel to flood). By the way, if I bring some dirt from Fresno, will I be able to sell it for a San Francisco price?