The results indicate that large swaths of real estate value lie in areas at high risk of being affected by sea-level rise. More than 24 percent of the NPI value is in metro areas whose central cities are among the 10 percent of cities most exposed to sea-level rise. This amounts to more than $130 billion of real estate. And a whopping 67 percent of the NPI’s value, or $360 billion, is in metro areas whose primary cities are among the 20 percent most exposed in the United States
As of today, the fast-moving Woolsey Fire that continues to blaze through Malibu has burned 83,000 acres and destroyed 177 structures. There are two confirmed deaths and nearly 250,000 people displaced, the LA Times reported. The Woolsey fire is currently 10% contained and, unfortunately, more Santa Ana winds are forecasted to blow throughout today, and into Monday, as firefighters battle for the fourth straight day.
Government scientists are still trying to take the measure of the historic storm. Although Michael was officially a Category 4 hurricane, with 155 mph sustained winds when it made landfall, that could potentially be revised upward, to Category 5 - 157 mph and higher - in the ongoing National Hurricane Center analysis.
Text Size:AAA A new study led by researchers at the University of Hawai‘i at Mānoa indicates that as climate changes over the coming decades, hurricanes have a higher chance of landfall over the Hawaiian islands. Researchers from the universityʻs School of Ocean and Earth Science said this new pattern could pose severe flood risks along the coast and further inland.
The 2018 Herald Real Estate Survey polled 100 experts about Miami and here are some of their answers.
A constitutional amendment on the ballot Tuesday would give localities the option to offer tax breaks to property owners in areas facing recurring flooding.
In the next three decades, the global population is expected to grow by more than two billion people. That could be a problem. We already fail to feed the roughly seven and a half billion people currently living on the planet, so we’ll need to initiate entirely new agricultural systems to accommodate more.
The stretch of beach, which is currently owned by a Lido Beach condo, is one of the last private beaches on the Barrier Island
An opinion piece on coastal development regulations.
It could rival the bursting dot-com and real estate bubbles of 2000 and 2008