This week in the New York Times science section, scientists & researchers were interviewed about projections on climate change and how it will effect the livability of various locations around the United States from now until 2100. They went on to say that millions of people will be environmental refugees by the turn of the century and that it wasn't a matter of speculation.
After reading the article, I began wondering if I need to reconsider my future real estate investments and retirement local. Maybe I ought to go back to my birth place - Alaska - as it sounds like I could slip on a swimming suit more readily than a snowsuit. And I know that there is some affordable land up there... and an abundance of great natural resources. It sure seems like California and Florida might have seen their hay-day as they will either be under water or a desert. Oregon and the Pacific Northwest as a whole was on the "good" list and that's encouraging being that Rentec Direct is in Southern Oregon.
In all seriousness, I wonder how the climate change predictions are going to begin affecting real estate investment and sales in the near future What is the buzz out there? Are you concerned about the market in your existing location?
(To read more about the article in the NYTimes, follow this link.)
Janell is a member of Rentec Direct, a web-based property management software program designed to help streamline tenant screening and the day-to-day operations of landlords and property managers.