F OR YEARS some libertarians have dreamed of creating floating settlements. Fans of "seasteading" talk of setting up self-governing hamlets in international waters, which would charge little or no tax. In 2019 Chad Elwartowski and Supranee Thepdet, an American and a Thai, spent time living in a small cabin floating some 12 miles off Thailand's coast. The Thai government objected, towing away their "sea stead" soon after it was built. Enjoy more audio and podcasts on iOS Android . Elsewhere in Asia governments see value in tempting people to live on water (but not to govern themselves). In November officials in Busan, a port in South Korea, said they planned to offer space for a floating neighbourhood that may be built near its shore. The project is endorsed by UN-HABITAT , a UN agency that deals with urbanisation. Itai Madamombe of Oceanix, the company that aims to fund and build the floating platform, says its prototype will cost around $200m and have room for 300-500 people. In theory, linking lots of these together could create a district that could house 10,000. The idea is to demonstrate a tool cities might use to adapt to rising sea levels. Building floating city-blocks… Read full this story
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