Wednesday, October 3, 2007

Winners and Losers of Climate Change

Winners and Losers of Climate Change

Often when we buy real estate we have a long hold plan and a specific use for the property. With the current speed of climate change, perhaps the likely conditions for the target area should be studied before the purchase is made.

In England farmers are able to grow new crops because of warmer weather and a longer growing season. The German vintners who make “Ice wine” have had to keep looking further and further north to obtain the frozen grapes used in that process. Central America and the Southern tip of Mexico are located between the Atlantic and Pacific Oceans, which are major weather pattern creators. The weather phenomenon in these areas has already intensified. Combined with poor land use in the past this is causing mudslides, severe flooding, and increased susceptibility to hurricanes.

Many of the dry areas of the world are getting dryer. Many of the wet areas are getting wetter. If sea level rises will the beautiful beachfront property be beachfront or ocean bottom? Do we need to add a climatologist to our list of helpful professionals when we buy real estate?

For a preview you can go to http://www.npr.org/news/specials/climate/interactive/?ps=bb5




David Segrest is a REALTOR in Charlotte NC. His website is http:www.segrestrealty.com .

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