3 ms·
If sea levels rise there will be less available property which will ultimately cause property values to increase.
by tamaharbor 5y ago
If sea levels rise there will be less available property which will ultimately cause property values to increase.
- vixen99 5y agoJudging by these figures, looks like this will be a major issue very soon. https://sealevel.nasa.gov/understanding-sea-level/by-the-numbers https://sealevel.nasa.gov/understanding-sea-level/by-the-num...
- jean_tta 5y agoThis assumes the demand for property stays the same. Is it likely, once it becomes obvious there's a chance your property will be destroyed by rising sea levels?
- sgc 5y agoI used to think that obviously coastal real estate would plummet in value after a few high profile losses. After this pandemic I no longer think it will happen except very, very slowly. But the beaches will be gone for perhaps centuries, the sand will wash away / get covered in water. Sand does not form in a day. I have seen this in areas of Greece where there were earthquakes decades ago. Not even a hint of a beach remains.