Climate change is hurting coastal real estate values. Oh, we’re losing ocean fish, too

  • 📰 latimes
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 82%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

As ocean levels are rising, real estate values are dropping. And ocean fish are dying. (via latimesopinion)

of coastal regions endangered by rising seas. The database shows which lots could be flooded in the event of a tidal surge or a hurricane, as well as the gains in property value forgone because of increased flood risk. Unfortunately for Californians, the maps so far are limited to the East Coast, but we’ve alreadyThe effects are significant.

The organization estimates that more prevalent ocean flooding — it’s up to four times more frequent in some places than it was a decade ago — has costin lost home-value increase from Maine to Mississippi. Those losses reflect First Foundation’s estimate of how much more slowly the market value of coastal property grew in areas hit by more floods than in areas not affected by flooding.

And as the ocean level continues to rise, those market effects will also rise, and expand, in another real-world consequence of our reliance on fossil fuel for energy.in Science that finds warming oceans have reduced the amount of fish humans can sustainably rely on for food by more than 4%, or 1.4 million metric tons, from 1930 to 2010. Some species of fish also have moved to new areas of the ocean, affecting the communities that relied on them for sustenance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

opinion Really? This is a worthless article. Looks like the LA Times is written but high school students. How about some evidence or facts?

opinion The wealthy landowners in Malibu must hate this.

opinion And there’s nothing we can do about it

opinion Established science says that the higher rates on E - S coast lines is because of subsidence, which is as much as 50% of relative SLR. Much of that is the rebound effect from great weight of the ice sheet which melted away roughly 15-25,000 yrs ago; Chicago was under 900M of ice.

opinion Ohhh poppycock

opinion More fake news from the leftist-infest LAT.

opinion ' from 1930 to 2010?' The consensus is that the warming during the 1st half of the 20th century is entirely natural - observable footprint isn't believed to have been significant until after the 1970's - when CO2 really takes off. That's the more radical alarmist view, BTW.

opinion MSM and their climate change agendas... the real issue that no one in the media will talk about is the fact that we have planes spraying chemicals into the atmosphere on a daily basis. No one looks up anymore. And the msm is hoping you won’t. They want to control the way u think

opinion Good gosh Scott. Ocean levels were rising - and at the same rate as current - long before there was any potential observable human footprint in GW. It's rising at a 4 in/100 year clip in in LA - more on E & S coasts because of subsidence. Fish are not dying because of AGW.

opinion Climate Change is the fault of Cthulhu because he´s fart during his Sleep in the Pacific Ocean. 🐙😁😁😁

opinion heading to malibu to see what i can pick up for 150K

opinion Yeah you can pick up a 5000 sq ft house in the Bay Area for like 50k

opinion Then make homes that float. See

opinion Cuz if there is one thing that will kill all the fish, it must be more water. 🤣🤣🤣👌 = 💩

opinion So that means all the rich will selling their ocean front properties. Not.

opinion Lex Luthor was right.

opinion 😂🤪

opinion Meh, we had a good run.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in PROPERTY

Property Property Latest News, Property Property Headlines