Rising sea levels & where you live

BobProperty

Also, how come Blackpool North Shore is safe from a 14m sea level rise? I'm not convinced.

Alan_M_2

Interesting, Cambridge and Newmarket would become Seaside towns

Guy_Montag

:rotfl:

Alan_M_2

That's a dry sense of humour, I like that:rotfl:

Easymoney

Its not just rising sea levels that could cause economic chaos, although interesting report a few days back about the Thames barrier

We are more than likely to get hit with H5N1 or bio-terrorism. That would arrest all economic growth of property on a national scale

Kaz2904

With a 7m rise I'll be living on an island! I'll have to row to the mainland for stuff. Only problem is that the hospital where I work won't be there nor will any of the shops! My kids will be ok so long as they stay at primary school forever but won't be able to go to preschool! Funny this because we were talking about it the other day when we sat in the pub garden looking out over the huge valley that our town is built in between the mendips and the hill we live on! Definately won't be moving off the hill yet!

tonydee

I'll have no hope on the Isle of Wight then

pricedout_1

tv programme about this recently. Large swathes of London could be swamped within the next 60 - 70 years if the predictions are proved correct. I think they were talking about a 6m rise. The guy from the national oceanagraphic centre who advised the government of this risk also said that the cost of flooding to the UK economy over the next (x) amount if years (can't remember how long) could be of the magnitude of £300 billion !! and that there are serious concerns about the ability of London to be able to recover from an increase in sea levels. Another commentator on the programme was Richard Doyle who has a book out on the subject. The following website explains the science behind the book ....

http://www.floodlondon.com/

Despite this advice, the government is building lots of low cost housing in the floodplains of east london!!! Risk management is not their strong point.

When does anyone think that this could start to affect property prices in London and elsewhere ?
Lets say hypothetically if the risk outlined above becomes general knowledge and gains more weight, what would happen to the property market? For example, a property that is in the flood zone - say a leasehold flat that has 90 years to expire on the lease. That property should start to decrease in value from NOW as in 70 - 80 years time (before the lease actually expires) the area could be flooded and the property worth nothing ?????

RainbowsInTheSpray

Let's hope all the 4x4 Sleasyjetters have bought their Spanish hideaways somewhere where, if the desertification doesn't get 'em, the sea will.

At least then, as the North Sea rises slowly but steadily above the Dagenham Temple of the Ford, the rest of us will be able to giggle just a bit, even if floating in the lifejacket hampers the laughter.

nearlyrich

I'm sticking to my house on the hill, although I might not be smiling tomorrow if we get the snow that's predicted.