There have been plenty of stories in the mainline media about how climate change and rising seas are going to have huge impacts in the future. New York City underwater; Miami swamped, etc. But today, there was this headline in the
Puget Sound Business Journal's daily update,
Zillow says rising seas threaten to swamp thousands of Seattle houses (hopefully the link will work for you — I'm a subscriber, so maybe it won't work beyond my email).
Either way, it is the first "commercial" recognition of how property values may be impacted by rising seas in this century. It is stories like this that put dollars and cents to the impacts that might have people who own waterfront property rethinking the idea of passing those homes along to their grandchildren.
Maybe it is a good time to cash out while the property still has that "water front property value" before it becomes "under water" financially and literally.
Eric Holdeman is a contributing writer for Emergency Management magazine and is the former director of the King County, Wash., Office of Emergency Management.