The trillion-dollar coastal property bubble is ready to burst, per new study

The trillion-dollar coastal property bubble is ready to burst as global warming-driven sea level rise and storm surges threaten more and more property with flooding.

We are now seeing “a pricing signal from climate change” in the relatively depressed prices for the coastal property most at risk for flooding, as Harvard real-estate professor Jesse Keenan told the Wall Street Journal Friday.

https://thinkprogress.org/rising-seas-hit-u-s-coastal-property-values-a-pricing-signal-from-climate-change-848bf4e7443b/

UNFCCC

#searise