SEIZE THE DAY: OPPORTUNITIES FROM OUR HOTTER FUTURE
In the 1978 Superman movie—the first one starring Christopher Reeves—Lex Luthor, played by a smarmily evil Gene Hackman, unleashed a brilliant plan that would have made him rich had Superman not stepped in. Luthor purchased a large amount of western land far from the California coast, which he anticipated would become extraordinarily valuable—once he destroyed California with a man-made earthquake. Luthor’s logic foreshadows an unappreciated fact: climate change will cause some cities and industries to boom.
Today we could buy one hundred homes in Detroit for the cost of one typical home near UCLA. Sell one home and buy one hundred other homes; that sounds like a profit of 99 homes! But there ...