Wednesday, June 20, 2018

Home values and local tax revenues at risk from high tide flooding, scientists group says

A new report by the Union of Concerned Scientists (UCS) pinpoints portions of the U.S. at greatest risk of declining residential and commercial property values, and diminished city and county tax revenue due to flooding attributed to sea level rise.

The areas impacted face worse high tide flooding due to the effects of climate change, UCS says. The findings are the result of peer-reviewed analysis that used ZIP-code-by-ZIP-code data from Zillow Property Data.

No comments:

Post a Comment