Coastal Flooding Is Erasing Billions in Property Value as Sea Level Rises. That's Bad News for Cities.

InsideClimate News
By Nicholas KusnetzFeb 28, 2019, 3:50 am265 pts
High-tide flooding is eating away at the coastal property tax base just when cities need it most to adapt to climate change and repair the damage. By Nicholas Kusnetz Rising seas have already eroded coastal property values from Maine to Mississippi by billions of dollars over the past decade as buyers pay less…

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