Date: 2019-07-03 17:00:03
Must watch video for real estate investors and anyone thinking about property investing. Seven coastal areas that could see investors wiped out due to rising sea levels and two factors that are affecting real estate investing returns right now!
You don’t have to believe in climate change to see that it is affecting real estate. The problem is that most investors don’t realize, this is a problem affecting investors right now. The threat of constant flooding may still be a decade off but the costs to infrastructure, taxes and insurance is going up now. That means lower returns for real estate investors and you need to know the risks.
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Don’t miss this video The 4 real estate investing secrets I’ve learned that have helped me build a million-dollar property portfolio! https://youtu.be/i_ztl853i7E
I’m using actual flood maps and sea level estimates from the UCS to show the risks to real estate investors including the $47 billion time bomb for local governments. I’ll be using 2035 baseline projections. That’s only 16 years away and base estimates. We’re not even talking about the most extreme forecasts for rising sea levels.
Real estate is a long-term investment and anyone with property now, this is going to dramatically affect your returns especially when you go to sell your investment in the future. We’ll look at rising sea levels in Florida, California, New York and Texas to highlight the biggest areas at risk. If you live near the ocean and you own your home or invest in real estate, you NEED to watch this video!
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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.