There’s whole nations that are sinking, and most of the ones that are the worst off don’t have the luxury of insurance to begin with.
The writing has been on the wall for decades, and I imagine it’s probably not yet all that horribly difficult to sell a beachfront property… y’all know its coming, you’ve known for a while, so move somewhere that’s 50’+ above sea level before it becomes impossible to sell and you get soaked, both figuratively and literally. If you’re still hanging onto your shit waiting for appreciation and inflation to make you money, you’re about to miss the boat.
It’s not just beachfront properties. That’s actually the least of the issue. The problem now is that if you live within 1 mile of a river, creek, brook, swamp, etc, you are in a flood zone. Not directly because of raising water levels, but because tropical storms and hurricanes that create floods are getting out of hand. I live in the northeast USA and Hurricane Ida put a large portion of my town with a “brook” running through it under water. There were literally police boats going up and down streets. There have been long lasting effects and one of them is that nobody can sell the land lots of flood damaged homes because everybody knows this is just the beginning. Because of that, there are abandoned collapsed homes and now we have a city-wide rat problem.
Northeast coastal town here, we saw major flooding during Sandy and now we get regular, significant floods. It ruined the water retention in the area. Thirtyish years ago, if we flooded, it would be a couple inches on the side streets as the bay ran out of the gutters. Post Sandy, we see regular 4-6 inch flooding on the main street through town and all neighboring side streets. The whole area becomes impassible. I have to drive 10 minutes around the town to get to my house on the other side. No flood insurance for anyone in the area, not even my parents 2 miles away.
In the next 30ish years, they’re estimating the whole area will be submerged permanently. My parents will hopefully be gone by the time it happens and won’t have to deal with being relocated. I, however will be elderly at that point. I’m praying we’re able to sell the property we’re on well before then and move up to the mountains up north somewhere.
First world problem.
There’s whole nations that are sinking, and most of the ones that are the worst off don’t have the luxury of insurance to begin with.
The writing has been on the wall for decades, and I imagine it’s probably not yet all that horribly difficult to sell a beachfront property… y’all know its coming, you’ve known for a while, so move somewhere that’s 50’+ above sea level before it becomes impossible to sell and you get soaked, both figuratively and literally. If you’re still hanging onto your shit waiting for appreciation and inflation to make you money, you’re about to miss the boat.
It’s not just beachfront properties. That’s actually the least of the issue. The problem now is that if you live within 1 mile of a river, creek, brook, swamp, etc, you are in a flood zone. Not directly because of raising water levels, but because tropical storms and hurricanes that create floods are getting out of hand. I live in the northeast USA and Hurricane Ida put a large portion of my town with a “brook” running through it under water. There were literally police boats going up and down streets. There have been long lasting effects and one of them is that nobody can sell the land lots of flood damaged homes because everybody knows this is just the beginning. Because of that, there are abandoned collapsed homes and now we have a city-wide rat problem.
Northeast coastal town here, we saw major flooding during Sandy and now we get regular, significant floods. It ruined the water retention in the area. Thirtyish years ago, if we flooded, it would be a couple inches on the side streets as the bay ran out of the gutters. Post Sandy, we see regular 4-6 inch flooding on the main street through town and all neighboring side streets. The whole area becomes impassible. I have to drive 10 minutes around the town to get to my house on the other side. No flood insurance for anyone in the area, not even my parents 2 miles away.
In the next 30ish years, they’re estimating the whole area will be submerged permanently. My parents will hopefully be gone by the time it happens and won’t have to deal with being relocated. I, however will be elderly at that point. I’m praying we’re able to sell the property we’re on well before then and move up to the mountains up north somewhere.
That sounds horrible, sorry to hear that