Coastal Flooding is Costly to Cities

Coastal Flooding Is Erasing Billions in Property Value as Sea Level Rises. That’s Bad News for Cities. High-tide flooding is eating away at the coastal property tax base just when communities need it most to adapt to climate change and repair the damage.

Here is a second article on the same topic. $16B and Counting: The Climate Change List No One Wants to Be On. It ranks cities in terms of climate change and housing values. Includes an interesting chart.

1 thought on “Coastal Flooding is Costly to Cities

  1. Since I am a long time resident of the city that appears as #1 on this list, I can respond by stating the report does not fairly represent actual conditions on the island. Yet another agenda driven report by individuals who wish to tear down the coast instead of focusing on all the good things occurring along the coast to address “climate change.” Perhaps these organizations should examine those local governments who are successfully implementing flood mitigation projects and have adopted an approach of smart and resilient development. Most towns can only wish for the amount of property value growth that Ocean City has recently experienced.

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