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Home > Sea Level Rise Eroding Home Value, And Owners Might Not Even Know It

Sea Level Rise Eroding Home Value, And Owners Might Not Even Know It [1]

"CHARLESTON, S.C. — Elizabeth Boineau’s 1939 Colonial sits a block and a half from the Ashley River in a sought-after neighborhood of ancient live oaks, charming gardens and historic homes. A year ago, she thought she could sell it for nearly $1 million. But after dropping the price 11 times, Boineau has decided to tear it down.

In March, the city’s Board of Architectural Review approved the demolition — a decision not taken lightly in Charleston’s historic district.

“Each time that I was just finishing up paying off the bills, another flood would hit,” Boineau said."

John Tibbetts and Chris Mooney report for the Washington Post August 20, 2018. [2]

Climate Change [3]
Economy & Business [4]
Water & Oceans [5]
National (U.S.) [6]
Public [7]
Source: Washington Post [2], 08/22/2018
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Source URL:https://www.sej.org/headlines/sea-level-rise-eroding-home-value-and-owners-might-not-even-know-it

Links
[1] https://www.sej.org/headlines/sea-level-rise-eroding-home-value-and-owners-might-not-even-know-it [2] https://www.washingtonpost.com/national/health-science/sea-level-rise-is-eroding-home-value-and-owners-might-not-even-know-it/2018/08/20/ff63fa8c-a0d5-11e8-93e3-24d1703d2a7a_story.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/water [6] https://www.sej.org/category/region/national [7] https://www.sej.org/taxonomy/term/81