'I don't think that I would buy shoreline property with the expectation that it's an investment that I would be passing down to my kids or grandkids' says a coastal hazards scientist
When Business Insider spoke to three climate scientists about their retirement plans, it quickly became clear where they wouldn't invest: waterfront property. They said they probably wouldn't buy waterfront property, and cite future sea level rise as a big part of that choice. That's not to say they're against waterfront property for short-term enjoyment; but they wouldn't buy it as an investment, or as an asset to pass down through generations.
When Business Insider spoke to three climate scientists about their retirement plans, it quickly became clear where they wouldn't invest: waterfront property. They said they probably wouldn't buy waterfront property, and cite future sea level rise as a big part of that choice. That's not to say they're against waterfront property for short-term enjoyment; but they wouldn't buy it as an investment, or as an asset to pass down through generations.
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