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Housing Market Response to Sea-Level Rise in Florida (Hardcover, 1st ed. 2022)
Loot Price: R3,100
Discovery Miles 31 000
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Housing Market Response to Sea-Level Rise in Florida (Hardcover, 1st ed. 2022)
Series: Coastal Research Library, 37
Expected to ship within 12 - 17 working days
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South Florida continues to attract new residents despite its
susceptibility to sea-level rise. This book explores the views of
real estate agent with respect to how prospective homebuyers assess
the risk of flooding. It reports on their observations as to
whether house prices are stagnant or falling in coastal areas
vulnerable to flooding, and their conclusions after working with
prospective homebuyers as to whether coastal south Florida is a
good place to find a home or, alternatively, a risky investment in
a place that will eventually be submerged by rising seas. The book
reports on a 2020 survey of real estate agents and concludes that
it is not clear that the housing market has integrated flood risk
either into reduced demand for housing or in reduced prices for
houses susceptible to flooding. These conclusions have important
implications for understanding how the risks of climate change and
sea-level rise are reflected in the housing market both now and in
the near-term future.
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