Malibu Climate Stampede: Rich and Famous Buying the High Ground

Malibu Sign + Twister, Photoshopped
Malibu Sign + Twister, Photoshopped. Malibu pic, By PIERRE ANDRE LECLERCQ (Own work) [GFDL or CC BY-SA 4.0-3.0-2.5-2.0-1.0], via Wikimedia Commons. Twister pic Justin1569 at English Wikipedia [GFDL, CC-BY-SA-3.0 or CC BY 2.5], from Wikimedia Commons
Guest essay by Eric Worrall

According to The Hollywood Reporter, the rich and famous are so worried about imminent apocalyptic sea level rise, they’re moving to higher ground to stay safe.

Global Warming Fears Are Driving Malibu Home Buyers to Higher Ground

6:30 AM PDT 4/3/2017 by Alexandria Abramian

Beach buyers including Brad Pitt and Lady Gaga are moving on up (literally) and over to the once-unimaginable side of the PCH for not only more privacy but rising sea level fears: “The smaller the beach gets at Broad Beach, the bigger the numbers are going to get” on the bluffs.

Pacific Coast Highway was once the ultimate dividing line between prime and simply passable Malibu real estate. The beachside nabe, which recently joined the ranks of so-called sanctuary cities by a 3-2 vote of its City Council, remains a hot market (median home value is $2.9 million, up 5.7 percent during the past year). But these days, certain sections of inland real estate are luring buyers to migrate to the once-unimaginable side of the highway.

Beyond the stables, riding trails and gated homes, however, real estate insiders say a new variable is driving sales in the area to record levels: concerns over rising sea levels. “The whole ‘being on the beach’ thing has started to fade away in Malibu because of global warming and climate change,” says Sotheby’s International agent Anthony “TJ” Paradise. “Some people will buy on the land side because they’re fearful that ocean-side homes may disappear.” Arana sees a new market rising amid those concerns. “The smaller the beach gets at Broad Beach, the bigger the numbers are going to get here [in Malibu Park],” he says, adding, “Right now, prices are starting to move into the $15 million to $20 million range. Some of that has to do with the fact that in the last five years, people have started looking at beachfront differently.” Arana, along with Mauricio Umansky (also of The Agency), sold Lady Gaga her 10,000-square-foot villa for $23 million in 2014. Situated on 6 acres, the Mediterranean-style compound, previously owned by Warner Bros. exec Dan Romanelli, includes a bowling alley, home theater and 800-bottle wine cellar, along with an eight-stall stable and dressage ring.

Read more: http://www.hollywoodreporter.com/news/global-warming-fears-are-driving-malibu-home-buyers-higher-ground-989236

Sadly nobody seems to be offering endangered Malibu beachside real-estate for $5 per acre, but I live in hope.

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April 11, 2017 2:54 pm

Plenty of prime, oceanfront land here:
http://i.imgur.com/zpnOV39.jpg

tabnumlock
April 11, 2017 2:59 pm

Plenty of prime beachfront to the south:
http://i.imgur.com/zpnOV39.jpg

Tom Anderson
April 11, 2017 3:02 pm

From Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, Charles MacKay, London, 1852:
“A still more singular instance of the faith in predictions occurred in London in the year 1524. The city swarmed at that time with fortune-tellers and astrologers, who were consulted daily by people of every class in society on the secrets of futurity. As early as the month of June 1523, several of them concurred in predicting that on the 1st day of February 1524, the waters of the Thames would swell to such a height as to overflow the whole city of London, and wash away ten thousand houses. The prophecy met implicit belief. It was reiterated with the utmost confidence month after month, until so much alarm was excited that many a family packed up their goods, and removed to Kent and Essex. As the time drew nigh, the number of these emigrants increased. In January, droves of workmen might be seen followed by their wives and children, trudging on foot to the villages within fifteen or twenty miles, to await the catastrophe. People of a higher class were also to be seen, in waggons and other vehicles, bound on a similar errand. By the middle of January, at least twenty thousand persons had quitted the doomed city, leaving but the bare walls of their homes to be swept away by the impending floods. Many of the richer sort took up their abode on the heights of Highgate, Hampstead, and Blackheath; and some erected tents as far away as Waltham Abbey, on the north and Croydon, on the south of the Thames. Bolton, the prior of St. Bartholomew’s, was so alarmed that he erected at very great expense, a sort of fortress on Harrow-on-the-Hill, which he stocked with provisions for two months. On the 24th of January, a week before the awful day which was to see the destruction of London, he removed thither, with the brethren and officers of the prior and all his household. A number of boats were conveyed in waggons to his fortress, furnished abundantly with expert rowers, in case the flood, reaching so high as Harrow, should force them to go further for a resting-place. Many wealthy citizens prayed to share his retreat, but the Prior, with a prudent forethought, admitted only his personal friends, and those who brought stores of eatables for the blockade.
“At last the morn, big with the fate of London, appeared in the east. The wondering crowds were astir at an early hour to watch the rising of the waters. The inundation, it was predicted, would be grad¬ual, not sudden; so that they expected to have plenty of time to escape, as soon as they saw the bosom of old Thames heave beyond the usual mark. But the majority were too much alarmed to trust to this, and thought themselves safer ten or twenty miles off. The Thames, unmindful of the foolish crowds upon its banks, flowed on quietly as of yore. The tide ebbed at its usual hour, flowed to its usual height, and then ebbed again, just as if twenty astrologers had not pledged their words to the contrary. Blank were their faces as evening approached and as blank grew the faces of the citizens to think that they had made such fools of themselves. At last night set in, and the obstinate river would not lift its waters to sweep away even one house out of the ten thousand. Still, however, the people were afraid to go to sleep. Many hundreds remained up till dawn of the next day, lest the deluge should come upon them like a thief in the night.
“On the morrow, it was seriously discussed whether it would not be advisable to duck the false prophets in the river. Luckily for them, they thought of an expedient which allayed the popular fury. They asserted that, by an error (a very slight one) of a little figure, they had fixed the date of this awful inundation a whole century too early. The stars were right after all, and they, erring mortals, were wrong. The present generation of cockneys was safe, and London would be washed away, not in 1524, but in 1624. At this announcement, Bolton, the prior, dismantled his fortress, and the weary emigrants came back.”

noaaprogrammer
Reply to  Tom Anderson
April 11, 2017 9:16 pm

“They asserted that, by an error (a very slight one) of a little figure, they had fixed the date of this awful inundation a whole century too early.”

This same cya technique is evidently timeless! -keep putting it off into the future-

Nigel S
Reply to  Tom Anderson
April 11, 2017 11:19 pm

Who bidd’st the mighty ocean deep
Its own appointed limits keep;

April 11, 2017 3:04 pm

I recant.
I was a skeptic.
Now I’m an alarmist.
I own property that’s about 850 ft above sea level.
I’d gladly sell it one of the enlightened. (Only to preserve the best of Mannkind. That’s the least I can do to atone.)
It will only cost a few measly Trillion dollars.
I’m sure they’d consider it a real bargain and pay up.
After all, it’s to save their children!!

Reply to  Gunga Din
April 11, 2017 3:48 pm

Gunga old soul,
We, here, salute your selflessness – a few measly trillion dollars is a meagre price for one of our Enlightened Demi-Gods to give you for a few thousand square feet, that far above sea level [or about 500 millimetres above sea level in October 2018], if I understand the Greatest Living Alarmist correctly.
Note the qualifying ‘IF’ . . . . . . . .

Could I have misunderstood? Possibly. It is conceivable.

Auto
Mods – think unicorn farts, as this, like, I guess, Gunga Din’s comment, is actually on the /SARC spectrum.

Janice Moore
Reply to  Auto
April 11, 2017 3:54 pm

Reply to  Auto
April 11, 2017 4:04 pm

SARC?
Assuming that means “Selfless Acts to Rescue Climatist”, then, yes, I’m willing to sell (for 12 or so figures).
SARC!!!

James Fosser
April 11, 2017 3:07 pm

Just means they will fall from a greater height when the Big One comes!

Pop Piasa
Reply to  James Fosser
April 12, 2017 4:18 pm

Maybe “the bigger they are, the harder they fall?.

Philo
April 11, 2017 3:46 pm

A little farther north, Pacifica is already falling into the ocean. The bluff it was built on, mainly sand and loose rock, has been falling into the Pacific for a number of years. I believe it’s already lost 2-3 streets to the sea. Efforts to stop the erosion using boulders along the bottom of the bluff haven’t been really successful. But, the home prices are a lot lower!

Steve Fraser
Reply to  Philo
April 11, 2017 3:58 pm

In a manner of speaking, the real estate market is eroding….

willhaas
April 11, 2017 3:59 pm

Every place has some sort of danger associated with it. For ocean front properties I would think that storm surges and tsunamis would be of greater concern than sea level rise The sea level has always been changing but slowly. The sea levels were significantly higher than today just 115K years ago during the Eemian. Just 20K years ago sea levels were much lower and there were a few more islands off the Southern California cost that are not there today but may reapear during the next ice age. The coastal mountain areas are subject to wild fires, land slides, and problems caused by excessive rain and earth quakes. The whole Malibu area both beach front and inland is historically not a very safe place to live.

mickeldoo
April 11, 2017 4:04 pm

Live on your Yacht so you don’t have to worry about sea level.

Neil Jordan
April 11, 2017 4:16 pm

The Hollywood glitterari must be listening to the California Commission:
http://www.thelog.com/news-departments/coastal-commission-future-sea-level-rise-must-be-addressed-now/
for sea level rises anywhere from several inches to 5.5 ft by 2100.

Both those numbers, and numbers in between and above and below are also accepted values of sea level rise according to the authorities at Skeptical Science:
https://www.skepticalscience.com/print.php?r=403
“Sea level rise is not level
“Of the many things about global warming misunderstood by the public at large, the irregular or lumpy distribution of sea level rise must surely be near the top of the list.”

Lumpy sea level explains everything, why some movie stars are moving and some are not. Each has his own personal sea level rise that might be several feet different from the star just a few feet away.
\sarc for the Navier-Stokes impaired

noaaprogrammer
Reply to  Neil Jordan
April 11, 2017 9:22 pm

Just do a little scaling on a graph of sea level rise – decrease the with of the x-axis as you increase the height of the y-axis and the steep slope will scare any Hollywood actor because they don’t know the difference between a centimeter, millimeter, nanometer, …

Richard
April 11, 2017 4:29 pm

Perhaps they should buy in Antarctica. After all, with the predicted global warming, it should still be nice and “cool” for a long time to come.

Gloateus
April 11, 2017 4:45 pm

Wonder what fire insurance is like in the hills:

Footage of 2007 fires, which got out of control, ran down the hills, crossed the highway and consumed beach front property.

April 11, 2017 5:58 pm

NOAA tide guage data at Santa Monica shows coastal sea level rise at a steady rate of 6 inches per century measured over the last 100 years.
Many of those owning beach front property are idiot Hollywood types who push irrational climate alarmism claims and who are to ignorant to actually look at real data instead of believing the L A Times bs on alarmist climate change.
Assuming these beach front homes are just 10 feet above mean sea level climate change is irrelevant to the situation facing these homes versus tides and storms which can do far more damage than climate change.
Talk about being clueless.

Bill Illis
April 11, 2017 6:49 pm

I see the Million Dollar Listing real estate agents talking to clients about sea level rise and beach erosion and how this home in the hills will be worth so much more when the beach homes are dragged out to sea.

The real estate agents know how to make a buck or two or a Million you know and the gullible millionaires buying homes in this area like to fall for this type of spin.

April 11, 2017 7:43 pm

“The smaller the beach gets at Broad Beach,”

The most important factor is season. During rough winters California beaches are eroded and become steeper as sand is moved to offshore bars by high amplitude waves. During the summer the sand is gradually returned, albeit somewhat further south.

michael hart
April 11, 2017 7:45 pm

The credibility of real estate agents is almost as great as that of climate scientists.

April 11, 2017 10:45 pm

Seaside homes in Malibu were crazy in the early 80 when
I hung out there. Really stupid . Landslide to the right high tide to the left. There was once a famous video of a young Harvey levin out in a crazy storm.. my advisor lived on the dry side of the road and that night the floods were crazy. I’ll look for video

Gloateus
Reply to  Steven Mosher
April 12, 2017 2:25 pm

My screenwriter brother lived on Pt. Dume in 1989, surrounded by movie industry types, including abundant famous actors, actresses and singers. The drill was not to notice them at the local grocery store.

Of the many stories I could recount, one worth sharing is that the neighbors gathered to cheer when Sting, after buying Barbra Streisand’s beach house, burned it down.

Snarling Dolphin
April 12, 2017 1:55 am

A favorite old Johnny Carson riff: something along the lines of, “Good news today! The mudslides are putting out the fires!”

Brook HURD
April 12, 2017 8:35 am

What the Hollywood rich and ignorant seem to be unaware of is that Pacific Plate is subducting under the North American plate. This will continue to cause the California coast to rise. Some geologists have stated that rate of tectonic rise exceeds any potential SLR.

The more pressing problem of the Malibu beach front properties is storm surge erosion. These properties are built on sand. This is not only a problem in Malibu, but it is also a problem along much of the Pacific Coast.

MarkW
Reply to  Brook HURD
April 12, 2017 10:01 am

In the area of Malibu the Pacific plate is moving to the northwest. It is the Juan de Fuca plate, which contacts N. America from N. California to just north of the US/Canada border that is being subducted.

This causes the area just inland of the subduction zone to rise, but only until the next earthquake when it drops rapidly.

tadchem
April 12, 2017 12:10 pm

‘Climate change’ has definitely become an excellent marketing tool for realtors.

John Law
April 12, 2017 12:51 pm

In an asteroid strike the people on the higher ground will perish microseconds before the rest of us: it’s just not worth the risk!

James at 48
April 12, 2017 1:56 pm

That tectonic block is actually in uplift mode, IIRC.

Resourceguy
April 13, 2017 10:58 am

I guess that explains why they bought up and bid up Aspen also.

R.S. Brown
April 14, 2017 10:34 am

Meanwhile, on the EAST Coast, Paul Simon is moving his Long Island
cottage back from the edge of a bluff to escape undercutting the
foundation by erosion:

http://hosted.ap.org/dynamic/stories/U/US_PEOPLE_PAUL_SIMON?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2017-04-14-11-52-34