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Peak Sand, Climate Change, And The Coastal Property Bubble
2015-06-04 16:37:00| Climate Ark Climate Change & Global Warming Newsfeed
ThinkProgress: Taxpayers are propping up wildly-inflated coastal property values. At some point, we`ll stop doing that, and coastal property values will crash. Unless they have already crashed because Miami gets hit by its equivalent of Superstorm Sandy. Or because the smart money pulls out of coastal real estate ahead of time after realizing that our climate inaction has made the crash inevitable - due to a combination of faster-than-expected sea level rise and ever-worsening storm surges. The main prop...
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Category:Electronics and Electrical