No need for nuclear missiles or scawy Russian tsunami torpedoes, global warming is past the "tipping point".
But I realize that Im the dinosaur in the room and I think things have changed in the real estate market. Back in my day, my first home was what was coined a "starter home". It was modest, a simple 3BR / 2Bath ranch style, in a quiet suburb of FL. I sure as hell didnt have the full down payment so I had to get PMI. Anywho, fast forward a few years, and property appreciates as property do, and when I sold it I made a nice profit, which I was able to apply to a nicer house. Rinse and repeat. But maybe such opportunities no longer exist or are too far away from their desired location?