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Home > Realtors Block Sea-Level Warnings That Could Crimp Coastal Profits

Realtors Block Sea-Level Warnings That Could Crimp Coastal Profits [1]

"NAGS HEAD, N.C. -- All along the coast of the southeast United States, the real estate industry confronts a hurricane. Not the kind that swirls in the Atlantic, but a storm of scientific information about sea-level rise that threatens the most lucrative, commission-boosting properties.

These studies warn that Florida, the Carolinas and other southeastern states face the nation’s fastest-growing rates of sea level rise and coastal erosion — as much as 3 feet by the year 2100, depending on how quickly Antarctic ice sheets melt. In a recent report, researchers for Zillow estimated that nearly 2 million U.S. homes could be literally underwater by 2100, if worst-case projections become reality.

This is not good news for people who market and build waterfront houses. But real estate lobbyists aren’t going down without a fight. Some are teaming up with climate change skeptics and small government advocates to block public release of sea-level rise predictions and ensure that coastal planning is not based on them."

Stuart Leavenworth reports for the McClatchy Washington Bureau September 13, 2017. [2]

Climate Change [3]
Economy & Business [4]
Environmental Politics [5]
Journalism & Media [6]
Laws & Regulations [7]
National (U.S.) [8]
Public [9]
Source: McClatchy [2], 09/14/2017
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Source URL:https://www.sej.org/headlines/realtors-block-sea-level-warnings-could-crimp-coastal-profits

Links
[1] https://www.sej.org/headlines/realtors-block-sea-level-warnings-could-crimp-coastal-profits [2] http://www.mcclatchydc.com/news/nation-world/national/article173114221.html [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/topics-beat/business [5] https://www.sej.org/category/topics-beat/environmental-politics [6] https://www.sej.org/category/topics-beat/journalism/media [7] https://www.sej.org/category/topics-beat/laws [8] https://www.sej.org/category/region/national [9] https://www.sej.org/taxonomy/term/81