Rising sea levels could make certain areas unlivable long before they're uninhabitable.
"In Mobile Bay, Alabama, we have properties that are now underwater as a result of coastal erosion — and property owners who are still receiving property tax bills associated with these properties that they can no longer use," Bain said.
"What's going to happen to the tax base for a lot of these local communities? Clearly, what the data suggests is it's being washed away," Mark Rupp, director of the adaptation program at the Georgetown Climate Center, told reporters. It's worth noting that Climate Central's analysis is incomplete, since not all counties around the country make data on property values available — notably, researchers couldn't get information for New Orleans and New York City. But the numbers the group was able to crunch are striking.
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