Stan Cox and Paul Cox in the New Republic:

Few people we talked with in Miami believed that the city they all know and love would remain intact into the deep future. The question was not whether people will have to leave but when. When people ask Stoddard, “When should I think about selling my house?” he said he tells them, “It depends on whether or not you can afford to lose the capital in it. What happens to you? Are you ruined financially? It’s a question of risk tolerance. If you can afford to lose the capital in your house, keep it. Enjoy yourself! But if you’re counting on that house for retirement, or if you’ll end up destitute if you lose it, I say now would be a good time to sell your place.”

Via Next Draft.