Tag: coastal flooding

bookmark_borderSea Level Rise and Real Estate

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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.

Sea Level Rise Impact on Housing
Sea Level Rise Impact on Housing

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
Underwater: Sea Level Rise
Disaster on the Horizon: The Price Effect of Sea Level Rise
Climate Change And Credit
Real Estate and the Rising Sea Level

 

bookmark_borderMortgage-backed Securities Exposed to Coastal Flooding Risk

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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 the real estate of their high-profile donors begins to shed value as it slips into the sea. Suddenly, a Green New Deal, perhaps with state-subsidised housing insurance for victims of flooding, may not sound quite so bad.”

Coastal Flooding Risk Map
Coastal Flooding Risk Map