I had the same thoughts when buying a house last year. We really like Alameda island - great neighborhood, houses, and shops. But we eliminated it from consider

I had the same thoughts when buying a house last year. We really like Alameda island - great neighborhood, houses, and shops. But we eliminated it from consideration because it's just a few feet above a king tide, and that buffer is shrinking. AFAIK, there's no abatement plan for the island yet, and while it may not be underwater in the next 30 years, the property values there will decline on the worry that it's only getting worse, and king tides will start flooding more and more of the island and its infrastructure. And then there's the insurance issue- as insurance rates go up, the home value has to decline as well. Didn't seem like a good long-term investment, or even short term, as more and more people start considering these issues like I did. The prices will drop way before they're under water. We ended up buying a house in the hills - 900ft. up. I wonder if in 10 years folks in Alameda will start migrating our way.