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Coastal Paradise Defies Climate Doomsday
24 Nov
Summary
- Wealthy buyers are purchasing homes in Stinson Beach despite climate risks.
- Sea levels are projected to rise significantly by 2040 and 2085.
- Residents believe they can afford to mitigate climate change impacts.
Stinson Beach, a tranquil coastal enclave in California's Marin County, is experiencing a surge in ultra-wealthy homebuyers. This influx occurs despite stark warnings that the community faces severe threats from rapid sea-level rise, erosion, and increased flooding. The area's median home value of $3.2 million underscores the financial stakes involved.
Realtors note that prospective and current homeowners are acutely aware of the climate risks but are willing to embrace them. They possess the financial capacity to undertake preventive measures and manage property damage. Projections show sea levels could rise by 10 inches by 2040-2050 and a staggering 3.3 feet by 2085, potentially causing billions in damages.
Despite alarming reports from Marin County officials, some long-term residents dismiss the forecasts as fearmongering, citing no observable changes. While population has slightly declined, real estate agents report no decrease in buyer interest attributed to climate concerns, suggesting a belief that hazards are simply a choice across different locales.
