A new study finds home values are both rising and falling in certain areas due to climate change and the rising risk of more extreme weather. The study looks at Miami and dramatic changes taking place in Little Haiti.
the higher elevation properties are essentially worth more now, and increasingly will be worth more in the future home values on Miami's coast are already worth 10 percent less now than they would be if climate change didn't exist. "nuisance" flooding, when king tides come in on sunny days, is already common in some neighborhoods. The city of Miami is already investing nearly $200 million into resilience, installing pump stations and upgrading its infrastructure. Miami Beach is on track to spend twice that, raising sidewalks and seawalls. The money is coming from new bonds – voters raising their own property taxes to protect their property.

















