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Taxpayers in the Hamptons Among the Most Exposed to Rising Seas

  • Southampton, New York has high property tax value at risk
  • New Jersey and Florida are the most susceptible states
Waves crash around a home as Hurricane Irene arrives on August 28, 2011 in Southampton, New York. 

Waves crash around a home as Hurricane Irene arrives on August 28, 2011 in Southampton, New York. 

Photographer: Joe Raedle/Getty Images
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Almost no city stands to lose as much money from climate change as Southampton, New York.

The affluent Long Island suburb -- where the median price of a home for sale is almost $2 million -- has the second highest level of its property-tax revenue at risk among municipalities with a high likelihood of chronic flooding in the next twelve years, according to data gathered by the Union of Concerned Scientists. Only Central Coast, California had more.