Climate gentrification: the rich can afford to move – what about the poor?

Posted In Climate Change, Inform
Sep
25


Photograph: © SAF — Coastal Care

Excerpts;

While wealthy Arizonans flee the desert for cooler climes, ‘climate gentrification’ is also affecting hipster Red Hook, exposed on New York City’s floodplain. In Texas, campaigners want the oil industry to help pay for a coastal barrier to shield six counties from storm surges. And Molly Peterson asks what you can do if you buy a disaster-prone property and nobody warned you: so far, not much…

Read Full Article; Guardian UK (09-25-2018)

Sea level rise is already eroding home values, unbeknownst to their owners; NOLA (08-21-2018)

Rising seas threaten nearly $1 trillion worth of US homes, and most of them are moderately priced; CNBC (10-18-2017)

Coastal residents need to set aside money now to cope with future flooding; Sun Sentinel (07-10-2018)
Sea-level rise is a national economic insecurity. According to the National Ocean Service, 39 percent of the U.S. population in 2010 lived in counties that are on shorelines…

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