Ideas

I bid $1,000,000 for the Brooklyn Bridge!!!

Start making artifical islands, now thats businuess!!!

Are anchoring rights the property owners to sell? You know how oil rights are not really owned by property owners (at least that's the way it seems to work in Alberta)?

If you COULD do this... then maybe it SHOULD be done. Although in any seriousness I don't think anyone would seriously bid except to treat it like penny stock.

I guess I'd set up a market test site (which people would debate as to whether or not it was a parody, thus getting you buzz and traffic). And... you know maybe all you need is a static page, just like...
http://www.extortr.com/

I'm voting this up. But you're crazy.

You should start with a limited area say a few miles of Californian beach front. I think this is more a press grab then anything... dont know if their is real money in it.

now theres an oppertunity .
now is the time to buy into chain & rope.
all those that are happy with there existing achorages will have to go out and buy more rope or chain !

This is just so bad

If you hype it... they will come.

wow I had a good laugh really reading the idea! I wish Noah had this on mind first if he intend to give survival tips in the comunity during his time. lolz!

Why motivate people to make global warming worse?

I somewhat disagree. The demand for anchoring rights can only rise as fast as the supply of things to anchor - boats. Since most people don't own boats and there should be a decent correlation between boat owners and anchor rights holders, I don't really seeing a market developing for anchoring rights until a market for emergency boats soars. Since waterfront realty is scarce and a good portion who already own it have anchoring rights, and those who don't do not have anything to anchor, you are dealing with a market that may appreciate, but in general would not be too liquid. Also if the seas are rising, by nature you are buying depreciating assets. Anchoring rights bought today will be worth much less 50 years later in such an environment, since the situation itself causes more space to open up. If someone's property ends up underwater, a ton of supply just hit the market - which would not be the ideal situation of someone long anchoring rights. Emergency boats on the other hand may be the equivalent of the nuclear fallout shelter. You could start to build an inventory early, then as fear sets in, sell them to people who will never get anchoring rights anyways. In fact, you could probably some anchoring rights and sell them as a "timeshare" with a ton of emergency boats. Where families get the right to be close to the shore for some portion of the year, and spend the rest at sea or inland. Emergency boats also benefit since as the ocean moves inland, demand will increase exponentially as markets that never really owned boats would all scramble to get them.

Two issues:

1. As Gordon mentions, you'd have to investigate the legality of this - will the anchorage rights really belong to the previous landholders?

2. What sort of timeframe are we looking at? If global warming happens fast enough to make this a viable business, I think finding places to anchor boats will become the least of our worries!

All in all, I think I'd prefer to sell the land and move to higher ground!

well this one is real interesting one of the weeks lot! :) media hype will help you for sure! but in ma sight i see a hell lot of complications ...just thinking on were to start

I'm all for global warming!
The Netherlands is said to have a sub-tropical climat: so please keep those cars running

Well, your description is really great...tongue firmly in cheek, yet a hint of seriousness behind it all.

If not an actual market for trading real anchoring rights, I could envision a 'fantasy' type market game, where you trade virtual rights based on actual data. So for that reason alone I'm giving you some stars!

What would be worth the money are the projections of which exact areas would become the new waterfront based upon progressive increases in sea levels.

If you can deliver that, I promise to drive my car more.