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Higher high tides, supercharged by rising sea levels, could flood all or parts of an estimated $34 billion worth of real estate along the nation’s coasts within just 30 years, a new report concludes.

Within the span of a 30-year mortgage, as many as 64,000 buildings and roughly 637,000 properties along the ocean and its connecting waterways could be at least partially below the tidal boundary level, the nonprofit Climate Central stated in a report released Thursday morning.

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Seas are forecast to rise from 8 inches to 23 inches along the nation’s coasts by 2050, with the higher increases along the northern Gulf Coast and mid-Atlantic. As the oceans rise, every inch of additional water is expected to move farther inland making flood events worse and putting more properties at risk.

 

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