Rising Sea Levels Could Cost U.S. Homeowners Close to $1 Trillion

Being underwater will soon mean exactly what it says. Especially in Florida.

Climate Change: How Much Does Real Estate Stand to Lose?

When talking about housing, “underwater” usually means you owe more on a mortgage than the home is actually worth. If climate change continues apace, that term could take on a much more literal meaning. 

To continue reading this article you must be a Bloomberg Professional Service Subscriber.