Study: ‘Climate Gentrification’: A 21st Century Problem

This article discusses a new study investigates the intersection of climate change and real estate, and finds that higher elevations bring higher values.

It’s no surprise that a list of places most at risk from climate change and sea-level rise reads like a Who’s Who of global cities, since historically, many great cities have developed near oceans, natural harbors, or other bodies of water. Miami ranks first, New York comes second, and Tokyo, London, Shanghai, and Hong Kong all number among the top 20 at-risk cities in terms of total projected losses.

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