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Katrina Floods New Orleans, August 2005 |
This story will not do much for property values along the Gulf Coast.
"The increase in high-tide flooding along the Atlantic and Gulf Coasts since 2000 has been “extraordinary,” the National Oceanic and Atmospheric Administration reported,
with the frequency of flooding in some cities growing fivefold during
that time. That shift is damaging homes, imperiling the safety of
drinking water, inundating roads and otherwise hurting coastal
communities, the agency said."
(N.Y. Times story on July 14, 2020)
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