by Daniel Brouse In the 1990’s, a team of real estate professionals, property management specialists, and climate change scientists starting working on a plan to mitigate the effects of global warming on residential real estate. There are two major problems with developing a plan: 1) Unintended Consequences The impact of climate change is wide reaching […]
Tag Archives: flood insurance
Climate Change: Suspension Of Belief
Posted in Agriculture, children, Education, Energy, Environment, Global Warming, health and wellness, Science
Also tagged climate change, property values, real estate, sea level rise
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Underestimated Flood Risk
https://eos.org/opinions/millions-more-americans-face-flood-risks-than-previously-thought text follows: Millions More Americans Face Flood Risks Than Previously Thought A different modeling approach fills large gaps in the U.S. governmentâ??s flood risk estimates, revealing previously overlooked at-risk areas often surrounding small flood-prone streams. A Spring Lake, N.C., resident is carried from her flooded home on 17 September 2018, in the aftermath of […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, floods, real estate, rising sea level, sea level rise
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Rising Seas and Declining Infrastructure
Miami’s Other Water Problem — If a coastal neighborhood will have to be abandoned anyway, is it worth spending money on new sewers? “People will hang on with their fingernails to keep what they’ve got,” Stoddard says. “But who’s going to move here? And that’s what’s going to kill us.” — Read the whole thing. […]
Posted in Environment, Global Warming
Also tagged climate change, real estate, rising sea level, sea level rise
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Flood Risk and Real Estate Values
The risk of floods increasing do to human induced climate change is affecting real estate values. Though the risk is increasing in all flood zones, coastal areas are already feeling the pain. Most homeowner’s don’t know about flood insurance until they need it. Then, it is too late. Bloomberg News reports: Recent research confirms that […]
Posted in Education, Environment, Global Warming, weather
Also tagged climate change, real estate, rising sea levels, sea level rise
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Shorefalling Rainstorms
i have been reading of the floods in kerala (india, southwest) and i just realized it isn’t just sea level rise and storm surge these shorefalling rainstorms a) pick up huge amounts of water off the ocean b) drop it inland as they come ashore c) all that water has to get out thru existing […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, sea level rising
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Flood Losses
South Carolina, Virginia, Georgia and Florida because of sea level rise flooding from 2005 to 2017. ” Florida: -$5.42 billion South Carolina: -$1.11 billion North Carolina: -$582 million” https://www.charlotteobserver.com/news/science-technology/article215476785.html https://www.floodiq.com/ https://b.floodiq.com/methodology https://link.springer.com/article/10.1007%2Fs11113-018-9473-5 https://link.springer.com/content/pdf/10.1007%2Fs11113-018-9473-5.pdf Boston climate risks: https://www.cnbc.com/2018/05/30/waterfront-real-estate-in-boston-rises-in-the-face-of-stronger-storms.html
Flood Insurance Rates Rising
“your flood insurance premiums could rise up to 18 percent each year” A recent article in the Miami Herald reports: “FEMA confirmed to the Miami Herald that it is looking into switching to risk-based pricing in 2020, which would end the subsidies most coastal communities enjoy on their flood insurance premiums and show the true […]
Posted in Environment, Global Warming, Government, Science, weather
Also tagged climate change, flooding, floods
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Climate Change Hammers US Coasts
In a report published by NOAA, the 2017 nation‐wide average annual frequency of high tide flooding hit an all‐time record. If high tide flooding in 2018 follows historical patterns, flooding will be most common during the winter (Dec‐Feb) along the West Coast and the northern section of Northeast Atlantic Coast in response to winter storms […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, floods, high tide flooding, sea level rise
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Can You Weather The Whether?
Sidd says: i can’t believe anybody is moving to the coast. But apparently some people like throwing their money into the ocean. https://www.bloomberg.com/news/articles/2018-04-23/the-latest-climate-threat-for-coastal-cities-more-rich-people paper on Miami Dade climate effect on real estate appreciation the higher the better… paper is at http://iopscience.iop.org/article/10.1088/1748-9326/aabb32#supplementarydata may affect us at some point. lets b careful not to post more than […]
Posted in Education, Environment, Global Warming, health and wellness, Science, weather
Also tagged climate change, extreme weather events
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Flood Risk Denial
Climate change is causing extreme weather events. In addition, climate change is causing the sea level to rise. In an article for Phys.org, anthropologist David Casagrande asks, “When people’s homes are damaged by flooding year after year and they are offered a buyout, why don’t they leave?” “In some cases, houses on Smith Island in […]
Posted in Environment, Global Warming, health and wellness, Science
Also tagged climate change, denial, flooding, rising sea leverls
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