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Will lack of water become a factor in new real estate development? Will places that receive lots of rain become more popular? Do places like Miami Beach which most agree is suffering from higher tides become less popular? ( Google sea level rise Miami Beach etc for some good articles).
By now few people dispute climate change-- over 90% of the scientists agree on it - (some disagree as to the relative causes though) and 90% of those who didn't graduate high school perhaps disagree. This really is not the forum for that discussion - Im sure it was plentiful on other threads-- this is about how it affects REAL ESTATE.
Will lack of water become a factor in new real estate development? Will places that receive lots of rain become more popular? Do places like Miami Beach which most agree is suffering from higher tides become less popular? ( Google sea level rise Miami Beach etc for some good articles).
By now few people dispute climate change-- over 90% of the scientists agree on it - (some disagree as to the relative causes though) and 90% of those who didn't graduate high school perhaps disagree. This really is not the forum for that discussion - Im sure it was plentiful on other threads-- this is about how it affects REAL ESTATE.
Sure, all of the above. A buyer would be foolish not to assess likely damage from rising water, lack of water, and other future scenarios. People who buy in Florida take hurricanes into consideration. I'm not sure there's a debate here.
Realtors are going to the last ones to pay attention to this "talk" for obvious reasons.
Will lack of water become a factor in new real estate development? Will places that receive lots of rain become more popular? Do places like Miami Beach which most agree is suffering from higher tides become less popular? ( Google sea level rise Miami Beach etc for some good articles).
By now few people dispute climate change-- over 90% of the scientists agree on it - (some disagree as to the relative causes though) and 90% of those who didn't graduate high school perhaps disagree. This really is not the forum for that discussion - Im sure it was plentiful on other threads-- this is about how it affects REAL ESTATE.
I think you're seriously underestimating the number of people who don't believe in climate change.
At any rate, this has been debated for years in Las Vegas, where development swelled in the earlier parts of this century but has been curtailed as water levels in Lake Mead have been dropping steadily.
I didn't read the article because....you know...it's the NYT...but I did go to the source to see what is happening in Miami (October 2018 - Statistical Reports) and see that:
For October 2018 vs 2017:
Single Family Closings are up 8.1% and Median Selling Price is up 5.9%
Townhouse/Condos Closings are up 21.3% and Median Selling Price is up 8.7%
For Q3 2018 vs 2017:
Single Family Closings are up 13.7% and Median Selling Price is up 8.5%
Townhouse/Condos Closings are up 16.7% and Median Selling Price is up 3.3%
The terrible fires in CA - which are irrefutably linked to climate change - along with cost of living and other factors - propel what looks at times like a weather pattern, wherein people move to CA for all the textbook reasons, as many residents move north to OR and WA for greater stability.
New York Times. I may not agree with all of their editorials as I am not liberal on certain issues but their accuracy considering the many in-depth stories they cover is amazing. I am a columnist with Texas Tribune and I appreciate quality. The NYT has it- most protesting can't understand all the big words. The Wall Street Journal is also good but they do not cover as many stories.
That prices are mixed in Miami now or even rising does not address the question. I could list a bunch of cities declining in prices-especially in the midwest. Miami Beach has acknowledged the rising sea levels and has projects to combat them.
Friends of the family are pioneers in the Washington Grape Industry... they say climate change or more specifically the warmer weather and lack of extreme cold results in conditions more favorable to viticulture and it gets better as time goes on.
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