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Property

Caribbean
Property

Carib - Climate risk assessment of Barbados south and west coastal urban corridor finds significant ecological and financial risk

A brand new evaluation finds Barbados’ south and west coastal city hall susceptible to excessive warmth occasions and coastal erosion and identifies investments and suggestions wanted to guard coastal communities.

West Coast
Property

CA - A disastrous megaflood is coming to California, experts say, and it could be the most expensive natural disaster in history

Many Californians fear the "Big One," but it might not be what you think. It's not an earthquake. And it isn't the mega drought. It's actually the exact opposite. A megaflood.

Coastwide
Property

AZ - Sedona will pay homeowners to not use homes as Airbnb rentals

A lack of available housing has prompted Sedona to pilot a program that incentivizes homeowners to lease out their homes to local workers.

Gulf of Mexico
Property

AL - Dauphin Island homeowners make their voices heard over potential short-term rental ban

DAUPHIN ISLAND, Ala. (WPMI) — A tug-of-war continues between full time residents and short-term renters on Dauphin Island.

Gulf of Mexico
Property

LA - Louisiana Insurance Commissioner holds town hall amid ongoing homeowner’s insurance crisis

Commissioner Jim Donelon talked to a packed room at the University of New Orleans on Wednesday evening, saying that another insurer has now pulled out of the state.

Mid-Atlantic
Property

SC - Beaufort County residents to decide on 2-year $100M Greenspace tax

BEAUFORT, S.C. (WCSC) - Beaufort County Council voted Monday night to let voters decide whether to approve a 2-year, one-percent sales tax on the November ballot.

West Coast
Property

CA - Coastal Commission poised to reject Malibu short-term rental rules this week

California Coastal Commission staff believe Malibu’s proposed vacation rental rules “would unduly restrict the rental of residential units to visitors and diminish the public’s ability to access and recreate on the coast” and, as such, they are formally recommending commissioners deny a new land use plan amendment that would dramatically restrict short-term rentals (STRs). The amendment is up for a vote at the upcoming Coastal Commission meeting in Calabasas later this week.

International
Property

NZ - A request about how we should approach climate change adaptation

Katharine Moody says we should tackle climate adaptation planning with a clear understanding of the likelihood of events unfolding, rather than from the perspective of the full range of possibilities

International
Property

NZ - Half of New Zealanders think there should be 'no right' to live in high-risk climate areas

Attitudes towards properties in high climate risk areas appears to be hardening, with Kiwis increasingly of the opinion homeowners should not have the right to live in unsafe areas, and should foot more of the bill if they have to move.

Coastwide
Property

USA - As climate change threatens more homes, some properties are getting too costly to insure

As climate change threatens the U.S. with more natural disasters, it’s becoming increasingly costly for Americans to insure their homes, experts say. Homeowners insurance premiums rose by 12.1% nationwide, compared to one year ago, but surges have been higher in disaster-prone states, according to Policygenius.

Coastwide
Property

USA - New report quantifies the costs of buying a home that has previously flooded

Buying a property that has a history of flooding can cost you tens of thousands of dollars.

Property

CA - New drought realities will shift how the county prioritizes Salinas River steelhead trout. Monterey County Weekly /

The Salinas River’s steelhead trout population was healthy enough in the 1950s that not enough hell was raised to stop the construction of the Nacimiento Dam, which effectively cut off steelhead trout from over 100 miles of habitat.

International
Property

EU - Draft short-term rental accommodation proposal puts travel and economic recovery at risk

GEORGE TOWN: Airbnb hosts have objected to the Penang government's draft short-term rental accommodation (STRA) guidelines, saying it will make it harder for them to earn a living.

International
Property

NZ - Climate change: Still unclear who'll pay when homeowners have to move

The Government’s first plan for coping with climate hazards signals sweeping changes to how the country assesses risk.

International
Property

NZ - Climate change: Govt to outline plan for managed retreat in some areas

Some communities in Aotearoa may be abandoned, with climate change driving increasing storms and flooding making continued occupation untenable. The government will today release the first-ever national strategy for dealing with the inevitable effects of global heating - the National Adaptation Plan.

Coastwide
Property

USA - Floods are getting more common. Do you know your risk?

Caribbean nations need rich countries to pay their fair share of climate finance, not market measures that let polluters off the hook

Gulf of Mexico
Property

LA - Insurers paid $9.8B to Louisiana victims of Hurricane Ida with $3.3B still to be paid

(The Center Square) — Insurers paid $9.8 billion to Louisiana victims of Hurricane Ida in the last 10 months, representing roughly 65% of the 460,709 claims filed through June 30, according to data released by the Louisiana Department of Insurance this week.

International
Property

NZ - Tourism groups urge action on short-stay properties

Tourism industry groups are asking the Victorian government to limit the number of days that properties can be listed on short-stay sites such as Airbnb to help tackle long-term rental shortages in regional areas.

International
Property

UK - The Welsh villages where an influx of second homeowners are steadily forcing locals out

Gwynedd is the area the Welsh Government wants to help with its clampdown, but can their scheme actually work?

Northeast
Property

MD - With waters rising, Baltimore eyes $138 million plan to limit coastal flood damage

With Baltimore facing increased risks of coastal flooding from storms as sea level rises, federal officials have put forward a $138 million plan aimed at protecting the interstate highway tunnels under the city’s harbor while reducing flood damage to homes and businesses in low-lying waterfront neighborhoods.