NYC Housing Crisis Exacerbated by Rising Sea Levels
A recent report reveals a grim prediction for New York City's housing market: 80,000 homes in Staten Island, southeast Queens, and surrounding suburbs could be lost to flooding by 2040. This alarming figure, released by the Regional Plan Association, highlights the devastating impact of climate change on the city's already strained housing situation.
The report underscores the critical need for immediate action. The combination of climate change and a pre-existing housing shortage could lead to a deficit of 1.2 million homes. This means not only the loss of existing housing but also the inability to build new homes in areas increasingly susceptible to flooding. Building more housing simply to replace what’s lost to flooding will be a monumental task.
According to Moses Gates, vice president for housing and neighborhood planning at the Regional Plan Association, local municipalities will face an unprecedented challenge. They will have to build significantly more housing just to counteract the losses from flooding. This situation underscores a global challenge: coastal cities worldwide are grappling with similar threats. The report serves as a stark reminder of the interconnectedness of climate change and the ongoing housing crisis in NYC.
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