COASTAL HOMEOWNERS VS. MANAGED RETREAT

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May 10, 2023

COASTAL HOMEOWNERS VS. MANAGED RETREAT

Posted at 08:19 PM in Planning & Development | Permalink

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These homeowners aren't able to manage retreat -- but they are able to pay to move their houses inland -- where they may enjoy them for many years to come.

NORTH CAROLINA BEACH HOUSES HAVE FALLEN INTO THE OCEAN. IS THERE A FIX?
New studies show that both beach nourishments and buyouts in Rodanthe, N.C., will be costly. But no funding for any fix is in sight.
https://wapo.st/41ClfL2
Washington Post gift link

Posted by: Jay Bird | May 15, 2023 at 08:15 AM

"“What most people are saying is, ‘Yeah, I’ll move back if you give me $5 million for my property.’”

What a laugh!

Who would buy property on the cusp of being inundated by the sea for more than the value of the next few years of habitability, plus debris removal costs?

Wouldn't it be more advantageous, financially, to have it moved to higher ground, where it is habitable for decades more?

Posted by: Jay Bird | May 15, 2023 at 01:45 AM

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