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Property

Mid-Atlantic
Property

NC - City required to refund more than $500K in short-term rental fees

WILMINGTON — Wilmington homeowners have been renting out their properties for years and have paid the city roughly half-a-million dollars in registration fees. After an April court ruling deemed that practice illegal, the city must repay them, plus interest.

Hawaii & Alaska
Property

HI - Hawaii Homeowners Must Tell Prospective Buyers If Sea Level Rise Threatens Their Property

This week Hawaii became the first state to require real estate sellers to disclose to potential buyers if their property is threatened by sea level rise.

Mid-Atlantic
Property

VA - Landowners seek clarity over Virginia's living shorelines law

Some property owners along Virginia’s tidal waterways are concerned that a recent change in state law has muddied the waters for managing their shorelines.

International
Property

AUS - OPINION: Climate change is making our homes uninsurable

Australia is fast becoming an “uninsurable nation”, according to new modelling released by the Climate Council. One in 25 Australian properties will be effectively uninsurable in just eight years, with figures as high as nine out of 10 in the worst affected suburbs.

International
Property

AUS - 'Sobering': sea level rise data increases urgency of councils' planning

Wellington mayor Andy Foster says actions are already being taken to reduce the number of properties affected by sea level rise.

Gulf of Mexico
Property

FL - Northwest Florida rebuilds after every hurricane. But are we rebuilding in right places?

When the waves inevitably wash away a sandcastle, it only takes a few pails of sand and a light afternoon's work to rebuild.

International
Property

PI - Palawan council reverses decision to pave way for ‘Maldivian’ resort on forestland

Like many parts of Palawan, the pristinely beautiful and biodiverse town of Culion is being rezoned to pave the way for tourism development that would not bode well for the environment

Southeast
Property

FL - Why mangroves matter: Protecting coastal vegetation means weighing the demands of development against the needs of the environment

Everyone seems to agree that mangroves are essential to the health of the Southwest Florida ecosystem. They protect local fisheries and birds. They even buffer the coast from devastating hurricanes. So, why is it so hard to protect them?

International
Property

NZ - Rising risk: How our coast will be transformed

Sinking land and rising oceans could push sea levels in our two biggest cities and many other parts of the country to double that generally projected – and much sooner than we first thought.

International
Property

NZ - Tough questions over who will pay for homes and infrastructure affected by sea-level rise

New data on sea-level rise brings with it new questions - how will homes and infrastructure along vulnerable coastlines be protected? And with increased wild weather events who will bear the brunt of the cost?

International
Property

World - A Broken Perception of Risk Is Sending Us into A ‘Spiral of Self-Destruction,’ UN Report Finds

World could undo social and economic advances and face 1.5 disasters a day by 2030, according to UN’s flagship Global Assessment Report.

International
Property

World - Better land use and insurance to mitigate natural disasters

The costs of natural disasters have risen dramatically over the last decades. Besides the escalating climate crisis, this rise in costs is largely explained by urbanisation in exposed, often flood-prone, areas. This column examines how land-use and insurance policies can limit urbanisation and explains how insurance policies shape real estate prices.

Northeast
Property

RI - An impending climate reality: Rising coastlines, inevitable housing relocation (with bonus compilation)

Climate change, flooding threaten vulnerable communities in RI. This article is part of a series on gentrification and development in Providence: The Ocean State is sinking.

Coastwide
Property

USA - Climate adaptation is going to be a disaster

The recent IPCC report is clear: To the extent that the world cannot avoid climate change by reducing emissions of carbon dioxide and other greenhouse gases, humanity must learn to live in a warmer climate, a process often referred to as adaptation.

International
Property

World - Climate change putting 4% of global GDP at risk, new study estimates

LONDON, April 27 (Reuters) - Climate change could see 4% of global annual economic output lost by 2050 and hit many poorer parts of the world disproportionately hard, a new study of 135 countries has estimated.

International
Property

NZ - Climate change: Proposed plan to adapt to 'unavoidable impacts'

The New Zealand Government has released a proposal to protect "lives, incomes, homes, businesses and infrastructure" and to help adapt to the impacts of climate change, as areas around New Zealand have battled devastating droughts, fires, storms and flooding.

International
Property

World - Asia's coastal cities sinking faster than sea level-rise

Manila and several other coastal Asian cities are sinking faster than the rate of sea level rise, says a study that calls for strict regulatory measure to reduce groundwater extraction, identified as a major cause for land subsidence.

Hawaii & Alaska
Property

HI - Thousands Of Houses Are Empty On Maui. Would Higher Taxes Change That?

An estimated 15,000 housing units — about 1 in 5 throughout all of Maui County — are vacant, according to 2020 census estimates.

Hawaii & Alaska
Property

HI - This West Kauai Beach Is Growing So Why Move Inland?

Kauai County is testing the idea of property swaps to get residents to move away from the coastline but on this coastal stretch the issue isn’t so clear.

Northeast
Property

ME - Coastal communities prepare for sea level rise resulting from warming of Gulf of Maine

The Gulf of Maine stretches from Massachusetts to Nova Scotia. It is a leading indicator of global warming.

International
Property

South Korea - World's first prototype floating community in Busan designed to accommodate residents living on ideal eco-village

The world's first prototype of a floating community to be built in South Korea's southern port city of Busan for a United Nations project to present a solution to ensure climate resilience will be designed to accommodate thousands of residents living on an ideal eco-village where water leisure and daily life harmonize.

Coastwide
Property

USA - Are Some Homebuyers Strategically Transferring Climate Risks to Lenders?

Recent empirical research suggests that certain homebuyers may be strategically transferring climate risks to banks via the mortgage market, and banks may be transferring such risks to government-sponsored enterprises via securitization. The evidence highlights the nuanced ways in which participants in the financial markets strategically adapt to climate change

Gulf of Mexico
Property

LA - Louisiana residents worry about storm losses and eroding coastline's impact, survey says

BATON ROUGE — Louisiana residents are concerned about damage from hurricanes and fear the unsettling reality of the state’s eroding coastline.