Open in TheBrain

To summarize this thread

So to summarize this thread

2010-2200 (2017) Global SLR scenarios by decade and for 2200

    1. There is legitimate uncertainty about timing and magnitude of the threat to residential areas

2010 Relating sea level rise to storm return time for NYC

Increase in 100-year flooding events based on 1 meter SLR

    1. It's not just a matter of SLR - it's a matter of storm surge, winds, and other factors
    2. Organized efforts to hide the potential threat are also underway; it's not just about uncertainty

The availability heuristic is at work

There is a significant discount in property value immediately after a flood, but it doesn't last

    1. Compounded with cognitive biases, residential markets are confused, even as the conversation gets louder
    2. Many participants are waiting for a sign to act, and assuming they'll be able to act first