Aug. 29, 2018

SUFB 550: Sea Level Rise Costing Housing Market Billions

SUFB 550: Sea Level Rise Costing Housing Market Billions

No matter how you feel about who is causing climate change, the housing market is aware that sea level rise is playing a part in the price of homes that are along vulnerable costs. Homes that are prone to flooding due to storm activity, increased sea...

No matter how you feel about who is causing climate change, the housing market is aware that sea level rise is playing a part in the price of homes that are along vulnerable costs. Homes that are prone to flooding due to storm activity, increased sea level and low elevation are losing value to their homes every year. 

A new study by the First Street Foundation showed homes within 8 states along the East Coast of the US lost more than $14 Billion between the years 2005 and 2017. 

Source

Let me know in the Facebook Group if you would buy a home along the coast with this information.

Check out The Deep Dive, where Brooke Tully and I talk more candidly about conservation marketing and how it applies to the Ocean.