【World Property Journal】Rising Seas Place Over 800,000 U.S. Coastal Homes in Chronic Flood Risk Areas by 2050

If sea levels continue to rise at the current rate, more than 800,000 existing U.S. homes worth $451 billion will be at risk in a 10-year flood by 2050. Those numbers jump to 3.4 million existing homes worth $1.75 trillion by 2100, the analysis shows.

The nationwide analysis that pairs Zillow's housing data with Climate Central's sea-level rise expertise identifies the number of new homes -- and homes overall -- in low-lying coastal areas, projecting how many will become exposed to chronic ocean flooding over the coming decades, depending on the choices the world makes around greenhouse-gas pollution today. It expands on analysis done last year that showed some 386,000 current U.S. homes are likely to be at risk of regular annual flooding by 2050 because of sea-level rise from climate change, and that new homes are being built at striking rates in areas that face high risks of future flooding.
 

watch more