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We live about 15-20 miles from the coast in Berkeley county (Tanner) and wonder what a hurricane would do to Charleston's growth. Would people move away or rebuild? Would coastal home prices fall as flood insurance costs rise?
How far inland would people evacuate or does it depend on your flooding potential?
Look no further than Florida for the answer. I got hit by 4 hurricanes in one year and prices still went up even as insurance cost doubled.
Something about water makes people want to live next to it regardless of how risky, expensive and dangerous it is.
Charleston's growth took off after Hugo, even with the Naval Base closing. So there's that... But the biggest threat is the rising sea level. It amazes me how many people buy houses that will almost certainly will be flooded before they can pay off their 30-year mortgage.
Growth will continue as new buildings are being built to whether hurricanes and earthquakes.
Johns Island's growth will be in disarray. Delaying the completion of Interstate 526 will help residents stay and participate in hurricanes because they lack a necessary evacuation route.
Johns Island's growth will be in disarray. Delaying the completion of Interstate 526 will help residents stay and participate in hurricanes because they lack a necessary evacuation route.
This has been said a million times, but the bottleneck is on the highways leaving the coast. Have you ever evacuated from Charleston? You sit for hours on I-26. It's funny that people think local roads matter when all roads lead to two eastbound lanes leaving the coast.
Let me know how evacuating on Main Road and Maybank Highway during a hurricane goes. Both can become parking lots.
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