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Week of June 24th-Flooding could claim thousands of Bay Area homes, say climate scientists

June 24, 2018

Although the phrase “my home is underwater” is never good news, in the near future it may take on even more dire ramifications for coastal communities, including those in the larger Bay Area.

On Tuesday the Union of Concerned Scientists [UCS]—a non-profit science advocacy group that lobbies for policy to circumvent potential environmental disasters—released a 28-page study reviewing the possible dangers of sea level rise to coastal real estate markets.

The product of several UCS climate scientists and analysts, the paper titled “Underwater: Rising Seas, Chronic Floods, and the Implications for U.S. Coastal Real Estate” proposes that potential sea level rise over the next 30 to 80 years could render valuable waterfront real estate worthless, with losses in the U.S. exceeding $1 trillion in the worst case scenario.  Read more.

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