Florida Sees Signals of a Climate-Driven Housing Crisis (excerpt): NYT

"Home sales in areas most vulnerable to sea-level rise began falling around 2013, researchers found. Now, prices are following a similar downward path."

In Florida, home sales in areas at high risk from sea-level rise

have fallen compared to areas at low risk.

"The idea that climate change will eventually ruin the value of coastal homes is neither new nor particularly controversial. In 2016, the then-chief economist for the federal mortgage giant Freddie Mac warned that rising seas “appear likely to destroy billions of dollars in property and to displace millions of people.” By 2045, more than 300,000 existing coastal homes will be at risk of flooding regularly, the Union of Concerned Scientists concluded in 2018.

The question that has occupied researchers is how soon, and how quickly, people will respond to that risk by demanding price discounts or fleeing the market. Previous research has begun to tackle that question, showing that climate change, far from being a distant threat, is already starting to hurt real estate values."

 

In places like Bal Harbour, Fla., climate worries have reduced demand for high-risk coastal real estate, researchers say.Credit...Rose Marie Cromwell for The New York Times

"Then, starting in 2013, something started to change. While sales in safer areas kept climbing, sales in vulnerable ones began to fall. By 2018, the last year for which Dr. Keys and Mr. Mulder obtained data, sales in vulnerable areas trailed safer areas by 16 percent to 20 percent.

A few things happened around that time that might have made prospective home buyers more worried about climate risk, Dr. Keys said. An international report the previous year highlighted the risks of extreme weather events. After that report came out, Google searches in Florida for “sea level rise” spiked.

And people from the Northeast, who account for a significant portion of Florida home buyers, had just lived through Hurricane Sandy, which damaged some 650,000 homes and caused 8.5 million people to lose power, some for months."

 

Go to NYT original full length story 

 

Related: I’m an American Climate Emigrant (excerpts): Sierra

 

I’m an American Climate Emigrant (excerpts): Sierra

 "My family moved northward for many reasons—climate chaos was among them

By Jason Mark | Oct 12 2020

We were only a few hours’ drive north of the California-Oregon border when I began to feel the pangs of survivor’s guilt. It was mid-August, and the news from back home was no good. We had busted out of the San Francisco Bay Area just as the heat wave began to sizzle California, and as we drove north through wine country, the temperature gauge in our car said it was 108 degrees outside. Days later, a freak electric storm swung across the state, sparking hundreds of fires. Some of our favorite places were burning: the forested mountains around Santa Cruz and the oak woodlands west of Davis, where we had spent many summer afternoons lounging on the banks of Putah Creek. Smoke was already beginning to choke our friends and former neighbors. “You got out just in time,” a buddy texted. “California is imploding.”

The Oregon coast felt, at that time, like a whole new world. As we threaded our way up Highway 1, the sky was cool and gray, and by evening a thick fog had turned into a spitting rain. The smoke and fires might as well have been on another planet. The rain was a relief, but I couldn’t shake a certain shame. I felt bad about our good fortune, about leaving our community behind to suffer.

I had lived in California for more than 20 years, and my family’s long-planned departure was supposed to be an adventure of sorts, an opportunity to start a new life for ourselves in the Pacific Northwest. For months, we had been looking forward to the move with a mix of trepidation and excitement, the swirl of emotions common to any emigrant: nostalgia for the life we had built, spiked with the thrill of surprising horizons. But now, as grim news piled up in our newsfeeds, the move had taken on a sour taste.

We weren’t merely heading toward a new home in another state. With a disaster unfolding behind us, we were fleeing."

Go to the Sierra article 

 

climate change refugees,climate refugees,#California,#USA,climate fires,floods,tidal flooding,

Climate change forcing millions out of homes: report: 9 NEWS

"Climate-fuelled disasters have forced about 20 million people a year to leave their homes in the past decade, according to a new report from Oxfam.

This equates to one every two seconds - making the climate the biggest driver of internal displacement for the period, with the world's poorer countries at the highest risk, despite their smaller contributions to global carbon pollution compared to richer nations.

People are seven times more likely to be internally displaced by floods, cyclones and wildfires than volcanic eruptions and earthquakes, and three times more likely than by conflict, according to the report released today."

"Nobody has been prepared to talk about money and so that's one of the critical issues that will be on the table in Madrid," said Gore.

"Ultimately somebody is going to have to pay the price for these impacts and at the moment that price is being paid by the poorest communities in the world."

And while current data shows lower risk in developed nations, projections suggest that is set to change.

"Rich countries are not immune either from the threat of displacement," said Gore.

"Climate change is not going to discriminate."

Bob Ward, policy director at the Grantham Research Institute on Climate Change and the Environment, told CNN that increasing numbers of internally displaced people can be attributed in part to a growing population living in high-risk areas."

Read the article 

Related: 

Australia bushfires factcheck: are this year's fires unprecedented? : The Guardian

#criminales climáticos de la cárcel  #criminalesclimáticosdelacárcel

#jailclimatecriminals   #gaolclimatecriminals
 

'Climate-change refugees' quit mainland farming in search of greener pastures in Tasmania: ABC News

See ABC story

"This week, farmers in parts of western Queensland saw their stock drown and die from exposure in disastrous flood conditions which Prime Minister Scott Morrison has said will likely claim the lives of hundreds of thousands of cattle.

The floods come after an extended period of drought, when many paddocks across the region were reduced to dust.
But for some farmers, these hellish conditions are a distant dream.

Rob and Sally McCreath quit mainland Australia to farm in Tasmania in 2016, where they foresaw an easier life.
They call themselves "climate-change refugees"."

Read the ABC News Story