Friday, September 30, 2022

Future Storm Shock

 In my twenties, during extended visits on Sanibel Island just off of the west coast of Florida, I got to know many of the young people who’d grown up there.

There weren’t very many of them so they all knew each other. They were mainly working class kids. At gatherings, over beers and marijuana, a common fantasy was how to blow up the causeway that connected the barrier island with the mainland.

None of them were ever going to do such a thing, of course, but the collective sense they voiced was that the constant flow of traffic over that bridge was going to ruin the idyllic life they had known up until then.

They were right about that. The influx of outsiders soon drove up property values to the point that few if any of those kids could afford to stay there. Property taxes went through the roof, forcing their parents to sell the family house, if they owned one, and move away.

Decades later, when I again visited the island, almost all of them were gone.

Well, I thought about those people this week when the causeway finally did get blown up. Hurricane Ian finally took out that bridge in three places and it will no doubt be a long time before it is back in action.

I’m no expert in real estate values but I’m sure the damage wrought by the storm will have a huge impact on property values on Sanibel and other low-lying coastal areas vulnerable to super storms.

The cost of flood insurance alone is now higher than the value of some of the modest cottages and beach properties those kids grew up in. It not only takes great wealth to afford homes on the island; it will require owners willing to incur the risks that the next big storm could be the one that sweeps their home away for good.

Climate change is a fact of life. Hurricanes like Ian are no longer “once in a century” events. 

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