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Economy & Business

"Perils of Climate Change Could Swamp Coastal Real Estate"

"MIAMI — Real estate agents looking to sell coastal properties usually focus on one thing: how close the home is to the water’s edge. But buyers are increasingly asking instead how far back it is from the waterline. How many feet above sea level? Is it fortified against storm surges? Does it have emergency power and sump pumps?"

Source: NY Times, 11/28/2016

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