Sea Level Rise Could Drive Down Coastal Home Values 15% in Next 10 Years – FOX 13
Article Synopsis – A new report has predicted that home values in parts of Florida will drop by up to 15% in the next ten years and 35% by 2050 due to sea level rise. With plummeting home values, “property tax revenue for communities could also drop” while insurance premiums go up. To read the actual article click here.