WHAT date does the Earth go BOOM! from Climate Change?
I expect the World Economic Forum and the United Nations Agenda 2030 to be all the rage by mid-2030...
Posted on 06/16/2024 2:04:52 AM PDT by Libloather
Wealthy beach lovers are left devastated as they're forced to slash prices of their luxury seaside homes by millions due to climate change.
Climate experts believe the rise in sea levels and unforgiving storms, intense rainfall and coastal flooding and erosion are the culprits putting homeowners in a precarious position - and the unpredictability of it all.
The areas with some of the priciest real estate that have been hit the hardest include, Dana Point, California, to Long Island, New York, and Nantucket, Massachusetts, CNBC reported.
In September, a beach front home on Nantucket that listed for $2.3 million, fell to a staggering $600,000 after their shoreline lost 70 feet to erosion. The owner, Lynn Tidgewell said, 'this rate of erosion was not typical,' and 'dropped the price significantly in the knowledge that any prospective buyer was taking a risk.'
Tidgewell said she purchased the Nantucket property on Sheep Pond Road in 2021 for $1.65 million, as town records confirm.
At the time, the property was more than a 100 feet from the top of a coastal bank, and a geological study estimated the home would last at least two decades, if not more, at the current rate of erosion.
She said she 'took the gamble due to the magnificent beauty of the location,' but after two years started to notice the land near her house started to disappear, claiming approximately 15 feet of her backyard.
In the few years she lived there, she said her home was impacted by other storms including Hurricane Lee that took another 20 feet in September, and a staggering 70 feet was swallowed up between then and December, the news outlet reported.
Brendan Maddigan, who acquired the property in February, took advantage of the price drop but went in knowing the risks.
(Excerpt) Read more at dailymail.co.uk ...
“Loose dirt.”
Too simple of an explanation. /s
Have the Obamas sold their oceanfront at a loss yet? Until then I cry bullshit on this and other stories like it. F*ck their fake news propoganda.
Funny, the water level is the same place its always been for centuries in Florida. This sounds like a local problem to me.
The Walrus and the Carpenter
Were walking close at hand;
They wept like anything to see
Such quantities of sand:
FALSE.
‘this rate of erosion was not typical,’
Uh...erosion is entirely different than rising water level. The east coast has been losing beach front housing to erosion since people have built there. It’s ALWAYS been a gamble.
Climate change scare mongering, aging buildings with structural problems, beach crime, and rising insurance rates are restricting demand for ocean property.
Fire sale prices, so they can be snapped up by apparatchiks after the Great Reset.
At least thirty years ago, some wizards of smart in and around Carlsbad, Kalifornia spent way too much $$$ to ‘restore’ some of the beach area. Without building anything to break the wave action, they deposited (dumped) tons of sand very close to the water. Eventually, the NATURAL wave action of the ocean swept most of the ‘new’ sand out to sea.
When the Great Cold returns, the global ice will increase dramatically, and there will be even more beachfront access. At the same time, I wonder if New York, San Francisco, Los Angeles, Seattle, etc will be abandoned to the elements due to the democRAT decay. Perhaps they will all be demolished, except for a small corner of San Francisco. A few city blocks in San Francisco could be maintained, with drug paraphernalia, needles, and petrified human waste. This area will be maintained as a reminder to never follow the RATS. It could be named the Hussein / Pelousy Memorial.
Climate experts believe the rise in sea levels and unforgiving storms, intense rainfall and coastal flooding and erosion are the culprits putting homeowners in a precarious position - and the unpredictability of it all.“
“Climate experts”
One house and experiencing things that have been happening since the dawn of time.
I lived in Ocean City Md in 1978 and remember dump trucks bringing in sand to make up for the erosion along the boardwalk. They’ve been doing that for 100 years. Erosion happens.
Centuries, not millennia.
Of course, back in the last ice age, global sea levels were at least 400 feet LOWER than they are now. There are vast areas in the gulf of Mexico full of ancient indian (feather, not dot) artifacts and burial sites miles offshore.
Several Indian (dot, not feather) sites many miles offshore, once teeming, enormous cities are entirely under water several hundred feet deep.
Odd, that the last great ice age ended circa 12,000 years ago with no evidence of man-made global warmingist religion.
We might be better off if NYC was still under a mile of ice
Look at the real estate market all over NYS.
I have never seen so much expensive housing up for sale all over the state at the same time.
And I’m a life climate change, my derriere.
Note to the folks trying to sell: Don’t make the same mistake elsewhere.
We are NOT going to be voting-with-our-feet our way out of this.
Don’t diss Gotham.
NYC now RCV for a reason.
Might?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.