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Sunday, August 24

Beachfront Real Estate

by Chris Gilbey on August 24, 2008 12:12PM (EST)

Interesting to see which stories that make the online version of newspapers also make the newsprint version.

Here is one that I saw in the online Sydney Morning Herald that I didnt see in the print version. Maybe I just didnt look hard enough.

Here is the gist of it:

Advertisements for beachfront properties should include warnings that they may end up worthless due to rising sea levels, a planning expert says.

A Coast to Coast Conference in Darwin has heard that some beachfront properties in Australia, particularly those on the east coast, could end up worth nothing.

I wonder how long it will be before insurance companies refuse to provide insurance to near-the-waterline property?

Keywords: realestate

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