Real estate prices are priced by mostly by current demand, not future oncoming disasters.
Much waterfront property is _already_ vulnerable (and expensive to insure) today, regardless of whether you believe in consensus climate science, due to storms and flooding in current climatic conditions. That house by the ocean is going to destroyed at some point, the only question is when and how.
Much waterfront property is _already_ vulnerable (and expensive to insure) today, regardless of whether you believe in consensus climate science, due to storms and flooding in current climatic conditions. That house by the ocean is going to destroyed at some point, the only question is when and how.