A new analysis reveals a troubling dimension of the economic toll that could unfold in the United States, as hundreds of thousands of homes, offices and other privately owned properties slip below swelling tide lines over the next few decades.
6 min readThere's no longer much doubt about that, as scientists have increasingly documented how the warming of the planet has accelerated sea level rise along coasts around the world.
Their conclusion: Nearly 650,000 individual, privately owned parcels, across as many as 4.4 million acres of land, are projected to fall below changing tidal boundaries by 2050. The land affected could swell to 9.1 million acres by 2100. According to Thursday's analysis, properties with a collective assessed value of $108 billion could be affected by the end of the century, based on current emissions.
While property across the Southeast might face the most collective risk, other states also have reason for concern. New Jersey and New York, for instance, also stand to see thousands of properties fall below tidelines in coming decades. Same for Maryland, which the researchers project could see more than 2,500 buildings impacted.
If sea levels continue to rise unabated, that poses more than just a problem to beaches and condos that line the coasts. It eventually will translate into fewer taxable properties, and less money to fund schools and fire departments, fix roads, maintain sewers and provide other essential services.
France Dernières Nouvelles, France Actualités
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