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Developing Smarter provides an in-depth analysis of natural disasters in coastal real estate communities.
Coastal flooding is a problem that will only continue to worsen if we do not proactively address the situation.
-Due to rising sea levels, once in 500 year floods may now occur once every 5 years by 2030.
-In 2010, an astounding 40% of the U.S.'s population lived in coastal shoreline counties.
-That number is expected to increase by 8% in the year 2020.
The U.S. is facing two problems: increasing development and population growth in coastal communities, and rising sea levels due to climate change. These two problems are now converging to create catastrophic damages.
In Developing Smarter: A Path Forward for Coastal Real Estate, author Winston Smith asks the terrifying question--How will natural disasters continue to impact coastal real estate? He brings together the perspectives of real estate industry experts, members of FEMA's disaster response team and the National Flood Insurance Program, insurance companies, and the world's leading nonprofits to come up with a comprehensive response strategy. By analyzing past natural disaster preparation and response tactics, Developing Smarter is able to provide the strategic and proactive measures necessary to ensure the safety and longevity of our cherished coastal cities.
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