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Maria Gurova

The Climate Change Real Estate Boom Is Coming | Co.Exist: World changing ideas and inno... - 0 views

  • whole countries such as Mauritius and Tuvalu will need to evacuate due to rising sea levels. But while coastlines in much of the world may suffer, climate change will be a positive development in some areas. Specifically, Canada; northern Europe; Russia; Alaska; Patagonia, Argentina; and southern Africa may all experience real estate booms.
  • Continuing with the New York example, Mayor Michael Bloomberg recently proposed a $20 billion climate change plan for the city.
  • new cities, which would cater to the “well-heeled,” would be built in places where rising sea levels would actually improve local climates. Rising temperatures and an increase in arable land as a result of climate change is expected to occur in Russia, Canada, Scandinavia, Chile, Argentina, southern Africa, the Great Lakes region
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  • The plan is designed to mitigate damage from another Sandy-sized storm and would drastically change everyday life for New Yorkers, with sharply increased taxes and large construction projects in most seaside neighborhoods.
  • cities would also make use of newer technologies. Self-driving cars, for example, will transform living patterns due to convoy features that sharply reduce both commute times and greenhouse gas consumption
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