Sunday 19 August 2018

Affordable (August)

Continuing inland drought conditions and decreases in dam levels are making properties in regional areas much more affordable. Erosion of cliffs and reclamation of beaches by rising seas, real estate agents say, have caused a dip in house prices, making a large coastal villa with views both attractive and affordable. Wildfires have reduced the value and cost of land per hectare, making it eminently affordable. “Assessments by climate scientists have suggested cities around the Great Lakes are viable – and, until everyone else panics, affordable!” (The Guardian Weekly, 17 August 2018, page 20, ‘When the oceans rise, there’s always Canada’)

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