Tuesday, November 11, 2014

This is Free Market Protection Against Nuclear Attack

I have long argued that it is a myth that government in anyway protects its citizens against nuclear attack. The only time we will be protected against nuclear attack is when the people fear a nuclear attack and realize that the government will be useless in protecting them. At such time (provided there still is enough time to do something), the private sector will attempt to resolve the fear, like this:
When Tyler Allen agreed to fork over $3 million in cash for a luxury condominium near Concordia, Kan., he wasn’t attracted by the indoor swimming pool, 17-seat movie theater, or hydroponic vegetable garden. 
The real selling point of the 1,820-square-foot apartment: It will be buried 174 feet underground in a decommissioned missile silo sturdy enough to withstand a nuclear attack.
…The so-called Survival Condo complex boasts full and half-floor units that cost $1.5 million to $3 million each. The building can accommodate up to 75 people, and buyers include doctors, scientists and entrepreneurs, says developer Larry Hall..
the complex has enough emergency food on hand to last for up to five years. There’s also a holding cell for unruly occupants. 
The development is sold out.  The full story is here.

If a many people do get concerned, economies of scale will kick in and  prices will fall for such protective shelter.


(via Marginal Revolution)

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