I wonder how many of these people using private jets attend Davos, make commitments to net zero, invest using ESG as a reference point, sea front housing etc.
They bought sea-front property because they're convinced that they have enough power to turn the rest of the world into car-less vegans, packed into tiny apartments in crime-ridden mega-cities, living mostly in the metaverse - all while they preserve their own luxurious lifestyles.
You'll own nothing and you'll be happy.
The buy sea front properties because they can, they have so much money that doesn’t matter what happens with sea level in ten years, they just want to enjoy those houses today.