Author

Topic: Rise in Sea Levels Threaten Florida Properties (Read 99 times)

newbie
Activity: 56
Merit: 0
This has been happening and known to be happening for a long long time. Continents have always been changing, nothing lasts forever. You either adjust accordingly or get washed away.



"Mom's gonna fix it all soon..
Mom's comin' 'round to put it back the way it ought to be.

Learn to swim
Learn to swim
Learn to swim..."
jr. member
Activity: 196
Merit: 1
Nobody will pay attention to this, the world lives with its eyes closed to this threat and no one will do anything until it's too late. All governments prefer to leave this problem for the next generations.

Exactly. And ignoring these problems will only compound the consequences. Everyone should fear for their lives.
sr. member
Activity: 1036
Merit: 279
Would have been better if the first places to sink are those populated by people who deny that there is an ongoing change in the climate.
jr. member
Activity: 166
Merit: 1
Nobody will pay attention to this, the world lives with its eyes closed to this threat and no one will do anything until it's too late. All governments prefer to leave this problem for the next generations.
jr. member
Activity: 196
Merit: 1
Looks like it’s business as usual. A Mail & Guardian article says that developers continue to build new complexes (and home prices are still on the rise), despite warnings that rising sea level will cause these properties to be “unsafe, uninhabitable and too costly to insure.” And some of these homes are being described as “not in a flood zone” and therefore, no flood insurance is required. These coastal residences are at risk of chronic flooding in the next 30 years. Reports have even released these claims:
“By 2045, rising seas are expected to bring an extra 1.8 feet (55 centimeters) of water along Florida’s coast”
“One worry is that insurance premiums will rise so much that coastal homes become unaffordable for those with fixed or lower incomes.”
“Many will risk losing their largest financial asset — their homes. And municipalities will forfeit huge amounts of revenue from property taxes.”

Do you think the real estate industry or the government will listen? And take note, there are also sea level warnings in California and Texas

Source:
https://mg.co.za/article/2018-06-18-property-crisis-looms-due-to-sea-level-rise-experts-warn
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