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Tag: FEMA

We Will All End Up Paying for Someone Else’s Beach House – New York Times

Rising ocean and shoreline erosion at South Nags Head, North Carolina (Photo © Orrin Pilkey & Norma Longo)

As sea level rises and storm surges grow more intense, beach towns on every coast of the United States will soon be sacrificing more real estate to Poseidon… more than 300,000 coastal homes, currently worth well over $100 billion, are at risk of “chronic inundation” by 2045.

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