Got a home on the coast? Keep an eye on these climate change numbers!
8/12/2016 (Permalink)
Here in Oxnard, we love our coasts and ocean. A lot of us have homes on the coast. This article from the Huff Post says climate change could be a major factor in the long-term future of homes located on the coast.
"While climate change is a pressing global concern, it isn’t at the top of discussions about the future of the real estate market. But a recent report shows how it could have devastating implications for housing in the U.S.
Almost 1.9 million houses nationwide could be underwater by 2100 if scientists’ more dire predictions come to pass, according to a report from real estate company Zillow released last week. Almost 300 cities would lose at least half their homes, the report states."
Read more at http://www.huffingtonpost.com/entry/climate-change-sea-levels-housing_us_57a9de68e4b0b770b1a44434