Climate Change and Coastal Property Rentals
Hi:
I just purchased as SFR (rental) in Moss Landing, CA a couple blocks from the beach. I was thinking appreciation and it has a small positive cash flow. I am in a flood zone and now after hearing about all the gloomy ramifications regarding rising oceans and dying ocean life, I am wondering if this was a good investment long term? Anyone else having second thoughts about your coastal investment? I have only had the property 6 months.