As my linkS said, S Florida, indeed All of the Southeast, is facing a 20mm a Year rise in Sea level: 6x the planetary average.. which is itself accelerating.
South Florida’s Real Estate Reckoning Could Be Closer Than You Think
By Christopher Flavelle
December 29, 2017
Ross Hancock sold his four-bedroom house in Coral Gables, a city of pastel luxury at the edge of Miami, because he was worried that sea-level rise would eventually hurt his property’s value. He and his wife, Darlene, downsized to a small condo on Biscayne Bay, perched atop one of the highest coral ridges in the area. There, he presumed, they would be safer. - Then Hurricane Irma hit.`
The September storm pushed water onshore with such force that it penetrated the seams of Hancock’s building, defeating stormproof windows and damaging a third of the units. It knocked out the elevators, ruined the generator, and flooded the parking lot. Months later the park next door remains strewn with mangled yachts hurled from from the ocean.
In a working paper posted this month on Social Science Research Network, an online repository of academic research, professors from the University of Colorado... and Penn State University found that homes exposed to sea-level rise sell at a 7% discount compared with equivalent but unexposed properties.
“This Discount has grown over time,” the authors wrote, “and is driven by sophisticated buyers and communities worried about global warming.” Properties along both coasts of Florida are at risk of sea-level rise, mapping in the paper shows.
Marla Martin, a spokeswoman for Florida Realtors, which represents the state’s real estate agents, wasn’t available to comment.[......]
There's that magic word "could" yet again. When will you folks learn that "could" actually means "almost certainly won't."
The word "could" appears nowhere in the quoted text.