Tide Views Villa
Dreaming of an apartment in Florida near the beach for your retirement? Think it twice if you are considering to invest in real estate in the seaside. Constructions near the waterline are likely to suffer the effects of climate change and rising sea levels in the near future, especially in the Eastern coast of the US, vulnerable to floodings and hurricanes. Some economists alert the economic impact of a collapse in the waterfront property market could surpass that of the bursting dot-com and real estate bubbles of 2000 and 2008. Donald Trump decision to choose a climate change negationist like Myron Ebell to lead the EPA has intensified worries among climate scientists. As reported today in The New York Times.