How will climate change impact the value of the coastal property?

climate - How will climate change impact the value of the coastal property?

Homeowners are wary of buying at-risk coastal properties As homeowners start to shy away from prime coastal properties due to the ever-looming threat of rising seas economists are getting set for the economic time bomb getting ready to explode in an already unstable industry. Dire predictions for Florida due to climate change With an estimated five-foot rise in sea level by the end of this century would suggest that Florida would be looking at approximately $23 billion of current coastal properties could be underwater by 2050. Miami Beach has already…

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