Is The Risk Of Sea Level Rise Affecting Florida Home Prices? A New Study Says Yes : NPR

A new study has found that home sale prices and volume appear to be declining in Florida coastal areas at vulnerable to rising sea levels compared to coastal areas with less risk. Here, the balcony view from a luxury condo in Sunny Isles Beach, Fla., in 2017.

Rhona Wise/AFP via Getty Images


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Rhona Wise/AFP via Getty Images

A new study has found that home sale prices and volume appear to be declining in Florida coastal areas at vulnerable to rising sea levels compared to coastal areas with less risk. Here, the balcony view from a luxury condo in Sunny Isles Beach, Fla., in 2017.

Rhona Wise/AFP via Getty Images

How much should you pay for a home that is likely to be inundated by rising seas in the decades ahead?

It’s a tough question — and an increasingly common one for homebuyers along the Florida coast.

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What Will Happen To Commercial Real Estate As More People Work From Home? : NPR

The coronavirus pandemic forced many people to work from home. NPR looks into what remote work from home could mean for commercial real estate.



AUDIE CORNISH, HOST:

People are going out less and working from home more because of the coronavirus pandemic. But what will happen to all the office buildings and retail space that depend on people leaving their homes and going to work? Stacey Vanek Smith and Cardiff Garcia from our daily economics podcast The Indicator From Planet Money look into what working from home could mean for commercial real estate.

(SOUNDBITE OF ARCHIVED NPR BROADCAST)

CARDIFF GARCIA: Steve Rappaport has been in the commercial real estate business in Manhattan for 15 years. And he says it is not for the faint of heart.

STACEY VANEK SMITH: You have to hustle for everything.

STEVE RAPPAPORT: Yep, so no deals, no commission.

VANEK SMITH: And, of course, it’s not

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