by dinopello » Wed 01 Jan 2014, 20:28:52
$this->bbcode_second_pass_quote('dohboi', '&')quot;I would tell him to get out now! "
Good idea. There is no way to build an effective sea wall around the area. Not only is it just too massive, the bedrock underneath it is completely porous--the water will just seep under and around it.
I think whether it is a good idea depends on the insurance that he has. If it covers a total loss then given the cash flow is very good in the positive, it may still be a good investment. The place rents for something like $3000+/week and he has had it booked pretty solid the last couple years.
Took a trip down there a couple years ago to stay at his place and fish in the gulf. We caught lots of dolphin fish, no grouper or anything else. Grouper is probably my favorite fish.
Another of my favorite fish that I discovered in the early 90's after college is Orange Roughy. It's one of those that is caught by deep water bottom trawling and was pretty common in the 90's. I stopped seeking it out when I became more aware of sustainability issues, but recently I was making a point to see if I could even find it - I couldn't up here in Virginia but I did see it in Florida about a year ago (Publix I think). Bottom trawling really should be criminal. Here's what the Orange Roughy harvest has looked like:
I'd like to think the peak occurred due to demand destruction as people became more aware of the issues, but I think it's the over-fishing destroying the species.