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From: Sam	7/25/2018 2:39:23 PM
	1 Recommendation Recommended By Ron Read Replies (1) of 566

Sea level rise has already sunk Carolinas beach property values — by $1.6 billion, study finds By Abbie Bennett abennett@newsobserver.com July 25, 2018 08:30 AM Updated 15 minutes ago Sea levels are rising and the southeast has already lost billions in property value, a recent study shows. Scientists have found $7.4 billion was lost in home values across North Carolina, South Carolina, Virginia, Georgia and Florida because of sea level rise flooding from 2005 to 2017. Thousands of NC, SC homes totaling billions could be flooded by sea level rise in years ahead, study finds Scientists at First Street Foundation — a technology nonprofit dedicated to increasing awareness of sea level rise — used data from the National Oceanic and Atmospheric Administration, U.S. Geological Survey, local governments, the National Weather Service and the U.S. Army Corps of Engineers to estimate flood risks. Scientists used data from local governments to determine changes to property values over time. FSF used the data to create an interactive tool — Flood iQ — that allows people to search communities and individual properties to see how much value they’ve lost, and could lose in the future due to sea level rise. “Sea level rise is something that is already costing the American public billions of dollars and in the last five years alone has sped up 66 percent,” Matthew Eby, FSF executive director, told The News & Observer. Read more here: charlotteobserver.com [This can't be right because I am pretty sure that the NC Legislature a few years ago said it couldn't happen. And they, devout Christians that they are, have a direct line to the Almighty.]

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