This is a report from the Union of Concerned Scientists on the potential impact of various rates of sea level rise on residential and coastal real estate, using data on the coastal real estate from Zillow. From the Report:
Sea levels are rising. Tides are inching higher. High-tide floods are becoming more frequent and reaching farther inland. And hundreds of US coastal communities will soon face chronic, disruptive flooding that directly affects people’s homes, lives, and properties.
Yet property values in most coastal real estate markets do not currently reflect this risk. And most homeowners, communities, and investors are not aware of the financial losses they may soon face.
This analysis looks at what’s at risk for US coastal real estate from sea level rise—and the challenges and choices we face now and in the decades to come.
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