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Tuesday, August 2, 2016

$880 Billion of Homes in Danger of Being Underwater, Literally

When talking about housing, “underwater” usually means you owe more on a mortgage than the home is actually worth. If climate change continues apace, that term could take on a much more literal meaning. Rising sea levels could soak homeowners for $882 billion, according to …

from News – Insurance Journal http://ift.tt/2aJQ2QB
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