The Climate Change Real Estate Boom Is Coming | Co.Exist: World changing ideas and inno... - 0 views
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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.
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Continuing with the New York example, Mayor Michael Bloomberg recently proposed a $20 billion climate change plan for the city.
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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.
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