CNBC: Billions in Tax Revenue Being Lost to Storms, Sea Level Rise

October 14, 2022

Obviously, Ian was a big storm.
But in a lot of places, you don’t even need a storm, just high tides to wash away valuable, and taxable, real estate. Diana Olick continues her brilliant and valuable work for financial network CNBC.

One Response to “CNBC: Billions in Tax Revenue Being Lost to Storms, Sea Level Rise”

  1. rhymeswithgoalie Says:

    This is a major ethical quandary: Selling out while there’s still some perceived or theoretical value to your property is just foisting this problem on some other sucker and/or it accelerates the death spiral for the local property market.


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: