open access paper on flood risk: 100yr floods will occur every year in New England and Midatlantic United States 1-30 yr repeat time for coast further south https://www.nature.com/articles/s41467-019-11755-z
Tag Archives: flood insurance
Coastal Flooding
Posted in Environment, Global Warming, Science
Also tagged climate change, flood plain, seal level rise
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Real Estate Value and Rising Sea Level
“A very simple way of thinking about it is that it will be tens of thousands of dollars per resident in places that may not have a large tax base” “Globally, the question of equity is even more acute, with cities in developed nations far better able to fund climate change adaptation projects than in […]
Posted in Environment, Global Warming, Science
Also tagged climate change, investments, real estate, rising sea level, sea level rise
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Flood Buyouts, Savings and Climate Change
The AP article Flood buyout costs rise as storms intensify, seas surge reports: “‘… nearly half of the homeowners in Mosby signed up in 2016 for a program in which the government would buy and then demolish their properties rather than paying to rebuild them over and over. They’re still waiting for offers, joining thousands […]
Posted in Environment, Global Warming, Science
Also tagged climate change, extreme weather events, real estate, rising sea level, sea level rise
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Climate Ignorance and Insane Real Estate Deals
An article in Splinter urges Sell Your Florida Property Now. “We all know, in a theoretical way, that climate change is going to turn the state of Florida into a narrow peninsula of watery broken dreams. But I bet you are not scared enough!” In a Bloomberg article, Lenders Scolded for Climate Ignorance in ‘Insane’ […]
Posted in Environment, Global Warming, Science
Also tagged climate change, property values, real estate, sea level rise
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Climate Change: Suspension Of Belief
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 […]
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