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.
Maui's Vacation Rental Debate Turns Ugly
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Cleveland to Boost Bike Safety With New Bike Lanes, School Programs
The program, using curriculum created by Cleveland Bikes, is part of a broader effort to improve safety along school routes.
Florida Home Insurers Disproportionately Dropping Low-Income Households
Non-renewal rates are highest in inland counties, not the coastal areas most immediately vulnerable to storms.
Half of Post-Fire Altadena Home Sales Were to Corporations
Large investors are quietly buying up dozens of properties in Altadena, California, where a devastating wildfire destroyed more than 6,000 homes in January.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
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