The result is more erosion, and when hurricanes hit there are no more mangroves to provide some protection against the surge of the ocean tide.
So NOT climate change. It's DEVELOPMENT DECISIONS by the politicians who allowed the mangrove removal ... which by the way harbor all kinds of wildlife.
So much for their almighty environmental concerns.
Homeowners can no longer afford the insurance.
Derek Jeter finally sells Upstate NY castle after reducing price
New York Yankees great Derek Jeter is leaving the Empire State after selling his Upstate New York castle.
Jeter has sold Tiedemann Castle, a waterfront property on Greenwood Lake in the Hudson Valley, after reducing the price. He initially tried to sell the vacation home at 14 Lake Shore Road for $14.75 million in 2018, but listed it again last month at a jaw-dropping discount of $6.3 million.
They’re losing value because people are abandoning them and moving to Florida!
The ocean washing sand back into the sea is not a new phenomenon. It’s always been that way. And anybody who buys beachfront property should know that.
“From Dana Point, California...”
If you don’t know, Dana point is named after Richard Henry Dana, who wrote ‘Two Years Before the Mast’ describing California many years before the gold rush. Dana Point is located where Dana threw dried cowhides from the cliff down to be loaded on his ship, to eventually become shoes.
Interestingly he describes a ‘climate change’. Old Californios told him about hurricanes that used to come up from the southwest making the relatively harborless California coast exceedingly dangerous for shipping. Climate change no doubt caused by human activity. /s
Women, children, Obamas, and Al Gore hit hardest.
“A Nantucket home listed last summer for just over $2 million sold early this year for just $600,000.”
Science by anecdote, the only science practiced by low IQ, global warming eco-fascists.
I’m sure the price reduction has nothing to do with the homeless junkies taking a crap on their front lawn…
Massachusetts, some of the nation’s priciest coastal real estate is in an increasingly precarious position due to climate change.
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“Climate Change” has been occurring for millions of years and there is not a damn thing liberals and our marxist government can do about it. To think otherwise is the height of ARROGANCE for a human.
And, BOTH, the media and the federal government have lied so much and so often that nobody believes a damn thing they say anyway.
Oh stop! I ve lived on LI all my life and I can’t think of a time the environmental commies weren’t saying this. The sand comes the sand goes.
The hurricane forecast has been "above-normal" for at least the last 10 years.
CNBC Senior Climate & Real Estate Correspondent
Diana Olick is an Emmy Award-winning journalist, currently serving as CNBC’s senior climate and real estate correspondent. She also contributes her climate and real estate expertise to NBC News NOW, MSNBC, NBC’s “Today” and “NBC Nightly News.” She is a regular guest speaker and does guest segments on NPR and C-SPAN. Her work on CNBC.com won the Gracie Award for “Outstanding Blog” in 2015.
Olick has a B.A. in comparative literature with a minor in SOVIET STUDIES from Columbia College in New York and a master’s degree in journalism from Northwestern’s Medill School of Journalism.
I’m pretty sure there’s no coastal real estate between California and New York.
Yes, indeed, it is a crock.
More believable is that study that concluded “ Clean air, allowing more of the Sun’s rays to directly hit the earth, LAND 30% and SEA 70% combined, is the cause of higher temperatures and storms that cause floods and other disasters”
The result of all of the mandates to clean the air has caused harm?
Ii is the definition of “KARMA!”
Trade in that EV, it is as if you are throwing the PACIFIER in the garbage.
The sea must only rise on blue state coasts. My condo is as far from the tides now as it was when I bought 21 years ago on the South Carolina coast.
Sea levels increased 3mm year over year last year.