Florida Keys sea rise and flooding
Credit: Union of Concerned Scientists

How much longer does southern Florida have until real-estate values in the region collapse on the back of flagging demand? At some point the reality that the region is not long for this world will have to sink in, and when it does, demand for homes in the region will crater to a degree that not many living there now probably fully comprehend … so, when will that be?

Possibly not all that long from now — if an interesting article that Bloomberg recently published is to be believed. That article noted that events such as Hurricane Irma are slated to make it abundantly clear to all of those who aren’t senile that South Florida is in an incredibly vulnerable position with regard to sea level rise and climate change.

For example, a situation detailed in the article involves someone who sold their house in Coral Gables because of worries about sea level rise and then […]