Ordinary homeowners are beginning to factor climate change into the home-buying decisions in Miami.
"Concerns over rising sea levels and floods are beginning to reshape one of the country’s largest housing markets, with properties closer to sea level now trading at discounts to those at higher elevations," reports Laura Kusisto and Arian Campo-Flores.
The article is sharing news of a new study published in the Environmental Research Letters journal and authored by Jesse Keenan, a real-estate professor at the Harvard University Graduate School of Design.
The study "shows that single-family homes in Miami-Dade County are rising in value more slowly near sea level than at higher elevations, as buyers weigh the possibilities of more-frequent minor flooding in the short term and the challenge of reselling properties that decades from now could be permanently submerged."
FULL STORY: Rising Sea Levels Reshape Miami’s Housing Market
Miami Has the Most to Lose From Climate Change, Study Says
A new report by Resources for the Future, a nonpartisan economic think tank, claims that Miami is the most vulnerable coastal city in the world.
Auto Insurance Rates Spike Due to Extreme Weather
Car insurance costs around the country are going up as insurers receive more claims from areas struck by storms and other climate disasters.
Rising Insurance Rates Squeezing Affordable Housing Developers
Spiking insurance costs in coastal areas prone to climate disasters are making it harder for low-income housing developers to keep building.
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
New Jersey’s second-largest city bans standalone data centers
Jersey City will continue to allow co-location facilities, such as those meant for research institutions that store their own data.
Amtrak not solely to blame for New Jersey commuter rail's unreliability, report finds
A new study from the Garden State Initiative found that NJ Transit’s budget grew 20% across a 4 year period, but reliability declined significantly over the same period.
EPA erases limits on planet-warming pollution from power plants
Under Monday’s plan, power plants would still have some limits on how much mercury, arsenic and other contaminants they can emit.
Phoenix announces new on-demand transit service, more frequent RAPID buses
Both new services will launch in October, and are part of Phoenix's Project Effective Access Solutions for Easing Congestion.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association