Rising Sea Levels Reshape Miami’s Housing Market – The Wall Street Journal
Credit: EMILY MICHOT/ASSOCIATED PRESS
Article Synopsis – “Concerns over rising sea levels and floods are beginning to reshape one of the country’s largest housing markets, with properties closer to sea level now trading at discounts to those at higher elevations. The trend in Miami is playing out across the country, with homes that are vulnerable to rising sea levels now selling at a 7% discount compared with similar but less-exposed properties”. To read the actual article click here.