Joe Biden’s $3.8million Delaware vacation home ‘will be FLOODED within five years’, experts say

President Joe Biden’s $3.8 million vacation home in Delaware has a 98% chance of flooding in the next five years due to rising sea levels from climate change.

The six-bedroom home is located in Rehoboth and is less than a mile from the shoreline, placing it in FEMA’s Special Flood Hazard Zone – the area that would be inundated by water during a 100-year flood, reports CNN.

The mid-Atlantic state has seen sea level rise of more than a foot in the past century, but the Intergovernmental Panel on Climate Change (IPCC) warns it will continue to increase over the next century and that flowing water will eventually exceed its coastal areas. .

Although climate change is playing a major role, the land on which Biden’s home sits is naturally sinking and putting this region at even greater risk of sea level rise – and levels are rising faster than everywhere else in the world.

President Joe Biden’s $3.8 million vacation home in Delaware has a 98% chance of flooding in the next five years due to rising sea levels from climate change

About 5.4%, or 100 square miles, of Delaware resides within the 100-year floodplain and by 2050 this landmass is projected to increase to 7.1% or 130 square miles due to sea level rise. the sea, according to the states at risk.

But Biden’s neighborhood is right in the danger zone where sea levels are projected to rise 1.5 feet by 2040 and then five feet by 2120.

The million-dollar vacation home appears to have been designed to overcome flooding, as the accommodations are 10 feet off the ground as they sit above high-ceilinged garages.

And that seems to be the common design for most new homes in the neighborhood.

Rehoboth Beach is part of Sussex County, which is third with the newest homes built in the area most at risk of future flooding of any coastal county in the United States.

Biden's vacation home is located in Rehoboth and is less than a mile from the shore line, which puts it in FEMA's Special Flood Hazard Zone - the area that would be inundated by the water during a 100 year flood

Biden’s vacation home is located in Rehoboth and is less than a mile from the shore line, which puts it in FEMA’s Special Flood Hazard Zone – the area that would be inundated by the water during a 100 year flood

Regardless of the risk, about $500 million in new homes have been built in the area since 2010 — Biden was built in 2017, Delaware Online reports. The president bought the house for $2.47 million, but its value has since risen to $3.8 million.

The last storm to cause major destruction in 1962 destroyed 2,000 homes near the shoreline from Rehoboth Beach to Fenwick Island.

The area where the president’s house is located is one of multiple coastal regions likely to be underwater and uninhabitable by the middle of this century – putting up to $35 billion in real estate at risk, according to maps produced by the non-profit research organization Climate Central.

Westhampton Beach in New York, where the median home price is $1.8 million and home to the likes of Eli Manning and Adam Sandler, would be flooded even if the sea level rose only five feet.

In Los Angeles, a five-foot rise would completely flood the Seal Beach National Wildlife Refuge – which is a 965-acre area that is key stopover and overwintering habitat for thousands of birds that migrate each year along the Pacific flyway.

Towns on the South Shore of New Jersey would be uninhabitable if sea levels rose only a few feet.

Places like Ocean City, Wildwood, Avalon and Stone Harbor would be under water if nothing was done to mitigate climate change. In Wildwood, the median list price for homes was just under $500,000 in August; in Avalon, the average home price peaks at $2.2 million.

Stone Harbor, where pop singer Taylor Swift spent most of her summers until she was 14 when her parents sold their beach house, would also be inundated in this 5ft flood scenario.

“Higher floodwaters are reaching further inland, inundating properties and buildings that have never been flooded before,” the Climate Central researchers wrote.

The threat of climate change goes beyond real estate, experts note. Climate Central surveyed 328 counties in 25 coastal states and found that rising waters would threaten tax revenues that also fund public schools, emergency services and municipal services – ultimately leading to a “potential downward spiral of divestment and of demographic decline.

“If a city has no other source of revenue than property taxes and those property taxes cannot be saved, that city is not sustainable,” said AR Siders, climate resilience expert at the University of Delaware, at Scientific American.

Florida, Texas and Louisiana would also face significant flood risk, according to Climate Central’s analysis.

The climate nonprofit’s report ultimately concluded that nearly 9 million acres – an area nearly the size of New Hampshire – will be under water by 2100. Those 9 million acres include 300,000 buildings and $109 billion in real estate.

Biden is known for taking action to fight climate change

Biden is known for taking action to fight climate change

Biden wants to tackle climate change with a plan to achieve 100% clean energy savings and net zero emissions no later than 2050.

Biden’s climate and environmental justice proposal will represent a federal investment of $1.7 trillion over the next ten years, mobilizing additional private sector and state and local investments totaling more than $5 trillion.

However, the plan is not black and white, as it will cost each taxpayer $3,500 more each year to fund the infrastructure needed to make it happen.

The Biden administration’s pledge would require by far the most ambitious U.S. climate effort ever, nearly doubling the reductions the Obama administration committed to in the Paris climate accord.

But Senate Republican Leader Mitch McConnell dismissed the administration’s plans as costly and ineffective.

“It’s quite the one-two punch,” McConnell said in a speech to the Senate on Thursday. “Toothless demands of our foreign adversaries…and maximum pain for American citizens.”

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