The rising sea level is putting a trillion dollars of real estate at high risk. “The question is no longer if rising seas will erode coastal home values, but who will get stuck with the devalued assets when the markets turn,” reported Dee Gill. “Alarmingly, more than half of that (at-risk property) exposure is estimated […]
Tag Archives: sea level rise
Coastal Real Estate Financial Crisis
Posted in Environment, Global Warming, Science, weather
Also tagged climate change, flood insurance, real estate
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Flood Insurance Risk
From Investors and Bond-Rating Analysts Are Working to Quantify Risks from Climate Change Bonds, insurance, climate risk: “a cataclysmic issue” “Going forward, cities that lack the resources to invest in climate remediation may see their credit ratings decline as result” “Those longer-term risks “are not priced into the market today,” He cited the difficulty of […]
Posted in Environment, Global Warming
Also tagged climate change, flood insurance, real estate, rising sea level
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Volumetric or Cubical Expansion Coefficients of Water?
I asked: I’ve been trying to consider the Volumetric or Cubical Expansion Coefficients of Liquids and how it relates to water and climate change It’s hard to wrap my head around… especially when you add melting sea ice to the equation What do you think? Will warmer water increase sea level rise even greater… the […]
Posted in Education, Environment, Global Warming, Science
Also tagged climate change, melting ice, rising sea level
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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, flood insurance, investments, real estate, rising sea level
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Do You Need Flood Insurance?
by Daniel Brouse and Sidd Mukherjee There’s a thing about climate change and a rising sea level that took me a while to grasp… a lot of the water isn’t actually in the sea. As more water accumulates in the sea and the temperature rises, more energy is also being stored in the sea. Now, […]
Posted in Education, Environment, Global Warming, Government, Science
Also tagged climate change, flood in, real estate, rising sea level, sea level
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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, flood insurance, real estate, rising sea level
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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, flood insurance, property values, real estate
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Groundwater Rise
Goundwater rise is a problem that will be exasperated by global warming and sea level rise. As the sea level rises, ocean water will inundate the coast, as well as, push groundwater up toward the surface inland. “Water will leach inside homes through basement cracks. Toilets may become chronically backed up. Raw sewage may seep […]
Posted in Environment, Global Warming, health and wellness, Science, weather
Also tagged climate change, flooding, grounwater rise, water
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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, flood insurance, property values, real estate
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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, flood insurance, flooding, floods, real estate, rising sea level
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