The last link is a map that lets you find flood risk exposed properties by zipcode Far more properties at flood risk than estimated: ” far more U.S. homes — an estimated 14.6 million — face flooding conditions on par with those in FEMA’s 100-year floodplain. In contrast, FEMA’s maps classify 8.7 million homes as […]
Tag Archives: flood insurance
Far More Properties At Risk: Flood Insurance Exposure
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, real estate, rising sea level
Comments closed
Climate Change and Mortgage Change
New York Times By Christopher Flavelle June 19, 2020 Rising Seas Threaten an American Institution: The 30-Year Mortgage Climate change is starting to transform the classic home loan, a fixture of the American experience and financial system that dates back generations. WASHINGTON — Up and down the coastline, rising seas and climate change are transforming […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, real estate, rising sea level
Comments closed
Climate Change 2020
Our Infrastructure Is Being Built for a Climate That’s Already Gone Our drain pipes, reservoirs, power lines, roads, sewage systems, and more are all designed based on past climate data. But with the climate crisis comes the uncomfortable realization that the past can’t predict what we’ll need in the future. by Shayla Love Jun 2 […]
Posted in Business, Energy, Environment, Finance, Global Warming, health and wellness, Science
Also tagged climate change, real estate, rising sea level, tree death, trees
Comments closed
New Jersey Requires Climate Change Risk Analysis for Building Permits
The New York Times reports, “With 130-Mile Coast, New Jersey Marks a First in Climate Change Fight New Jersey will become the first state to require that builders take into account the impact of climate change, including rising sea levels, in order to win government approval for projects, Gov. Philip D. Murphy announced on Monday. […]
Posted in Business, Environment, Global Warming, Politics
Also tagged climate change, new jersey, real estate
Comments closed
Sea-level Rise: Not Just for the Coasts Anymore
“Their results suggest that coastal regions will be far from the only ones affected by sea-level rise. A huge number of counties far from the coast—some deep in the US interior—will see dramatic changes in the number of people relocating there.” ARS Technica reports, As sea levels rise, little of the United States will be […]
Posted in Environment, Global Warming, health and wellness, Science
Also tagged climate change, real estate, rising sea level
Comments closed
The True Costs (and Benefitlessness) of a Trump Economy
January 23, 2020 What are the costs and benefits to the United States under a Trump economy? Financial Analysis: Current State of Affairs First, start with a financial analysis — a snapshot of the current economic health of the nation. What would a financial analysis that is similar to an individual applying for a bank […]
Posted in Business, Energy, Environment, Finance, Global Warming, Government, International, Politics, Science
Also tagged economy, real estate, tariffs, trade, Trump
Comments closed
Sea Level Rise and Real Estate in Florida
The Tampa Bay Times reports: Your Florida coastal home could lose 15% of its value by 2030 due to sea rise Increasing sea rise is going to water down the value of some of the most coveted and expensive real estate in Florida, and insurance rates will go up too. That’s the conclusion of […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, real estate, rising sea level
Comments closed
Bittle at the Baffler on Floods and Sea Level Impacts in the USA
Bittle at the Baffler on flood and sea level impacts in the USA: “a neighborhood that feels more like an unclaimed frontier than a subdivision in one of the nation’s fastest-growing metropolitan areas. Dogs run free across acres of empty land, the sound of a falling acorn echoes for blocks” “Funded by the federal government, […]
Posted in Education, Environment, Global Warming, Science
Also tagged climate change, extreme weather events, flooding, floods, real estate, rising sea level
Comments closed
Climate Crisis Update
Florida town dealing with sea level rise “Our risk is undeniable. The modelers get it. The mortgage institutions get it. Insurance gets it.” https://www.tampabay.com/news/environment/2019/12/27/a-south-florida-towns-pioneering-plan-to-fund-retreat-from-sea-rise/ sea level rise and storm surge “every 10cm of sea level rise increases the frequency of a given coastal flood by a factor of three.” “This means that 10cm of sea […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flooding, real estate, rising sea level, storm surge
Comments closed
Mortgage-backed Securities Exposed to Coastal Flooding Risk
An article in the Business Telegraph entitled “Climate change: the CMBS angle” explains: “… $56bn in commercial mortgage-backed securities that are exposed to coastal flooding risk in the US, and it’s not pretty viewing.” “It is often asked why US politicians are blasé about climate change, but we may suggest that will all change if […]
Posted in Environment, Global Warming, Science
Also tagged climate change, coastal flooding, real estate, rising sea level, risk
Comments closed