In the research paper, Sea level rise and coastal flooding threaten affordable housing, the authors explain how vast sections of real estate will become uninhabitable in the near future. About Flood Insurance Do I Need Flood Insurance? Flood Risks Across the USA Seriously Underestimated Climate Change: Suspension Of Belief Climate Denial and Climate Change Change […]
Tag Archives: real estate
Sea Level Rise and Real Estate
Residential Real Estate Flood Risk Information
Do you know if you need flood insurance? Do you know if you have flood insurance? What happens when your house gets flooded? Flood risk information has not been readily available to the average consumer. Climate change is making your flood risk drastically increase. Now, one of the major real estate databases (Realtor.com) is making […]
Greenland Ice Sheet: largest single contributor to rising sea levels.
Dynamic ice loss from the Greenland Ice Sheetdriven by sustained glacier retreat by Michalea D. King, Ian M. Howat, Salvatore G. Candela, Myoung J. Noh, Seonsgu Jeong, Brice P. Y. Noël, Michiel R. van den Broeke3, Bert Wouters, Adelaide Negrete Greenland-Ice-Sheet.pdf The Greenland Ice Sheet is losing mass at accelerated rates in the 21st century, […]
Far More Properties At Risk: Flood Insurance Exposure
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]