Seasteading could be the Bitcoin of the housing market, the next big thing set to shake things up and ripe for investment. The concept is a portmanteau of sea and homesteading, and it relates to the idea of people living in sustainable floating ocean cities.

This is one argument for dealing with the climate crisis and rising sea levels that could hold some water. The global population is increasing, along with the sea levels, so it makes sense to explore innovative solutions like this.

What is Seasteading?

Seasteading is the idea of floating habitats or cities in the middle of the ocean, usually in international waters. They can act as independent locations outside of the control of national governments, meaning that they can test new political and social systems. That’s not the main reason why people are thinking of flocking to them, however.

The best thing about floating ocean cities is that they will be sustainable, relying on renewable energy sources and having a minimal impact on the planet. They’ll be adaptable too, with structures that can expand and contract.

There are plans to create the world’s first floating city in the Pacific Ocean, near the island of Tahiti. According to reports, it will cost $180 million to set up, with PayPal founder Peter Thiel backing the venture. If this comes to fruition and is a success, it could lead to many more similar projects around the world.

Vast Amount of Investment in Seasteading

Some people believe that, instead of aiming to colonise Mars, people should look to the seas as the best way to continue the sustainability of the human race. The Seasteading Institute has picked up a lot of funding over the last few years and has been described as the “next big investment opportunity.”

Some property owners are already thinking about getting into the business early and gaining an advantage over the competition. There is an argument for putting up cash for early projects before mass interest floods into the industry. One way to get capital quickly for such a venture is to sell a house fast using online tools. All you have to do is fill in some details to receive a rapid cash offer. From there, you can get the money within seven days. If, for example, you aren’t making enough money from your rental property, you could look to reinvest in Seasteading.

Why Is Seasteading Thought to Be The Future?

The sad fact of the matter is that the earth isn’t going to last forever, and certain areas that people live in now will cease to exist in the next hundred years. A vast amount of land will be swallowed up by the ocean, and people will be forced to migrate elsewhere.

Rather than go inland, which will be highly overpopulated, the solution could be out at sea. If developers come up with sprawling ocean cities, there could be sustainable places for people to move to. In this circumstance, the human race may be able to continue to thrive for much longer.