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Showing posts from February, 2020

Three Revolutions Are Coming for Land Valuations

(Bloomberg) -- Over the next decade, the consequences of climate change, manufactured proteins and self-driving cars will see land valuations undergo the largest shift in centuries. Of the three, the impact from climate change is the most well- documented. Roughly 30% of the earth’s surface is land, and about 70% of that is habitable. This means that about 21% of the planet is habitable land. With climate change raising temperatures in certain areas and causing sea levels to climb, that percentage will drop Overall, this should make habitable land even more valuable, but the geographical spread of the impact will be just as important. The scientific consensus is that northern countries, such as Russia, Canada, Greenland and the Scandinavian nations, will see a greater percentage of their land become habitable while low-lying coastal cities get decimated and more of central Africa becomes barren and uninhabitable The far