In actuality, conversion was a good idea for only a select few clients whose circumstances, age and available cash flow, made it a winner and those who did slid safely under the tag.
However, with careful planning, they are in a position where their mortgage is paid off the year before their oldest child goes to college, thereby having available cash flow to pick up what they were unable to prefund.
This will require improvements in the capacity, knowledge, communication and networking available to enhance the flow and quality of information available for informed decision-making on the status of coastal resources, and their effective management in light of climate change impacts.