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From western wildfires to east coast flooding, climate change is wreaking havoc on American homes. In this thrilling and emotional documentary, CNBC follows life after fire victim Jenna Johnson narrowly escaped California’s deadliest and most destructive fire, the Camp Fire. Meanwhile, standing in his flooding garage, Miami Beach resident Curt Dyer debates raising his house 4 feet to escape the water. Watch the full documentary to see how climate change victims are trying to protect themselves and their homes.
The rain fell steadily at Curt Dyer’s Miami Beach, Florida, home on a mid-July day this summer. He opened the door to the garage and pointed to the flood already collecting in his driveway. He said it wouldn’t be long until the whole garage flooded.
Even though he faces daily nuisance flooding, the 30-year Miami Beach resident said he is not considering moving. “It’s paradise living here.”
Dyer estimates he’s spending about $250,000 in renovation costs to make his home more resilient to flooding. While that figure includes some upgrades to the cabinetry in the kitchen, the main structural change will raise the driveway 3 feet and pitch it so water will flow into the street. He’s also raising his guest bedroom and bathroom 4 feet.
Jesse Keenan, associate professor of real estate at Tulane University, says these types of resiliency fixes, which are primarily available to the wealthy, create a game of musical chairs with home equity.
As long as homeowners like Dyer are able to sell their property at a higher price after resiliency investments, they come out on top. Eventually, however, a homeowner or bank could end up losing everything if a flood or other disaster destroys the house and makes the property unlivable. Over time, this risk will increase insurance rates and make it harder to get mortgages.
“We anticipate a rapid decline in valuation,” Keenan told CNBC. “Only the wealthy can afford to live, for instance, in high-risk coastal areas, because everybody else can’t insure it and won’t be able to get a mortgage.”
In fact, homes exposed to sea level rise sell for about 7% less than their unexposed counterparts, according to a study published in 2019 in the Journal of Financial Economics. That discount jumps to 10% when the owner of the property is not living there.
Flooding is the most common and most expensive natural disaster in the U.S., according to FEMA. Ninety percent of all natural disasters in the U.S. involve flooding and just 1 inch of water can cause $25,000 of damage to a home.
A 2018 Insurance Information Institute survey found that only 15% of American homeowners have flood insurance. Keenen fears all this combined will lead to a situation where only the wealthy will be able to protect themselves from climate danger.
Dyer said registering his flood claims has been relatively simple but he and his husband are paying out of pocket for these major renovations. But it’s worth it to make his dream home complete, and he expects Miami Beach will continue to be livable for at least another 20 years.
“If I didn’t have the resources and the capability to make the repairs, I would probably have no desire to live in these conditions in this environment. It would be unacceptable. But I do have the resources. I have the ability to make the correction. So I’m going to do it,” he said.
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Can U.S. Homes Survive Climate Change?
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About The Author
If we tap the energy in Latent Heat, we can solve all these problems. Pluvicopia proposes that even hurricanes and tornadoes are amenable to adjustments with atmospheric latent heat. One cubic kilometer of air with 17 grams of water per kilogram, a common condition in hurricane and tornado environments, holds 42 terawatts of energy. That's what powers the phenomenon. Pluvicopia taps that energy to precisely release water throughout the world. All these problems can be resolved with water, limitless water from Pluvicopia. The book Pluvicopia: Solving the Energy, Water, and Climate Crises shows how.
'Abrupt Climate Change' WILL continue to PROVE ITSELF ..! (Vote Republican for MORE of the same..)
What a poor question as title! Just like everybody else in the world you will be forced to afford climate change. One way or the other.
Because it happens.
The climate is always changing.
There's places where ocean water used to be now is not. Some places go up some places go down. It's crazy that people need to make a religion out of everything
CNBC is a carbon emitting behemoth. Don't preach until you are living like the Amish people. by the way, they are conservative.
The greedy people of real estate better hurry up & get their money (while the gettings good with these high home prices & rentals), before the earth climate change destroys them. They're being built so cheap now anyway
Sir, respectfully, you won’t be alive 50 years down the road.
The government should not be giving people money if their home is destroyed. Either they should get money from private insurance or get nothing!!!! Living in South Florida, New Orleans, or a fire zone is risky and the government should not fund citizens risk.
you got smoked by Senator Kennedy at that hearing.
If you live in Florida, it might be a good time to invest your money in stilts.
Gee, I thought fires were caused by liberals not raking the forest. Did Trump mislead me?
Exxon knew back in the 1970s burning hydrocarbons caused the climate to warm and they buried their research for decades.
Indoctrination and brainwashing have come a long way in the Western world. The fact is that it is pure fraud based on the narrative of the UN, which has actually retracted the erroneous ICCP- report. But as long as the lie serves its purpose, fake news providers and stupidty can believe what they want. The temperature fluctuates from day to day. It snowed in Calgary in June 2023. Not a word is reported about it in the fake new media. Temperature cannot be measured over 50 years and then conclude. Before quarter, for about 2.5 million when the sun started to weaken, we entered the ice age. We've had over 30 ice ages and it's only a matter of time before the sun weakens more and we slide into the next big kingdom of ice. Spending money on fraud and making it global changes nothing. Fake new doesn`t have monopoly on the truth.
You need to compose a documentary on "Worldwide Climate Crisis".
Holocene Maximum Look it up!
I know whats happened about global warming
These people keep us with bunches lies like what hack!
Climate change is real . But with education , ppl can make it better. Reuse/recycle/compost less cars
Climate is changing and will always change . It’s important for people to understand this and actively try to adapt. The problem is no one is focusing on adapting we’ve become complacent on keeping things as they are . California for example need to actively work on fire prevention. Cleaning up dead trees and bushes . Doing controlled fires to burn off things that can cause wild fires. Upgrading our sewer systems to handle large influx of water for areas that flood. To me it’s insane that we’re thing to change climate rather than focusing on adapting to the climate and actively working on preventing these crisis .
We need more CO2. We were almost at plant death of 150ppm not too long ago. I can't wait to see the earth change with all the greening that will happen. It will be wonderful.
I find it funny that people are looking to government for answers. The inflation they have created has grossly increased rebuild costs in this country.
The US Government certainly can't. It maxed out it's Credit card long ago. $32 Trillion+ Cue, Bankrupcy proceedings shortly…
3-4 feet house rising won't help when next storm comes. Some areas should be ABANDONED.
I would not build anything under 10 feet from current sea level. Except if it can be moved easily, it is made to sink under waves, it can float, it's on 10 feet legs, … First sea level will rise, but also storms are getting worse too, so storm surges will hit higher.
It is likely that sea level will rise over 3 feet this century. And some areas sees more rise than others. Florida is one of those areas. Sea level is likely to keep on rising in the far future too.
Specially areas that are sinking at the same time are extremely vulnerable.
You may keep on sinking your money on constantly flooding house, but that means your wealth will sunk pretty fast.
Fema and insurance companies can see this and that's why they won't help. A sunken house is sunken house even if it is elevated a bit.
Insurance companies should make evaluation, if the house that is destroyed should be replaced to the same spot. They should give insurances that says: "If this property is destroyed and evaluated to be destroyed again soo, then we pay the relocation fees."
It is just madness to build house to the same spot again and again and be hit by the same destruction again and again.
"This is my 3rd house that burned down. Let's build another in the same spot." FFS.
This is absurd journalism.
Scientist have been screening at us for 60 years about climate change and very little has been done. We have now past the fires tripping point the forest have dried out and are now combusting sending more green house gases into the atmosphere to further heat the planet to further dry out the forest which will cause even more fires .WE HAVE COOKED THE EARTH and there is NO GOING BACK . UGH makes me sick to my stomach
Our American cities and towns are imploding from political and economic corruption, defunding police, DA's who refuse to follow the law, crime, drugs, illegal immigrants and you go on and on about this. Americans wake the F^&K up. Your tax dollars are used to subsidize our enemy China and nations around the globe, while we grow poorer and weaker.
Always amazes me how people live in wooden houses in a heavily forested area and wonder what happened when a fire comes along and destroys everything. A fire lives by fuel. Fuel is trees, grass, debris, wooden houses surrounded by trees. You can build a home that can withstand a wildfire but most people have no idea how to do this. Like I said, amazing how people ignore the danger of living literally in a pile of fuel for a wildfire. I am a wildfire survivor and it burnt to my back door so I kind of know what happens in a wildfire. I would never wish this upon anyone but people have to educate themselves and stop living in a fantasy.
https://youtube.com/shorts/o8wuRt2ohYM?si=2MHwa302-sxl12Ej
Unearthed clues from the Biblical Psalm 83 hint at a hidden truth and an unparalleled twist to our understanding of the past. Unbelievably, we find echoes of ancient nations like Edom, Moab, and Philistia in modern-day American landscapes.
Who would've thought, right? But wait, there's more…
Did you know that Utah alone hosts places like Moab, Mount Nebo, Pisgah, and Jericho, all of which are inscribed in the sacred scriptures? It doesn't end here; Colorado also joins the party with a place called Manassa. The coincidences are just TOO uncanny to ignore!
Now, imagine this: What if the TRUE biblical Promised Land isn't nestled in the Middle East, but astonishingly within the territory of the United States? And what if a certain demographic in America has been the rightful, indigenous people of this land, their legacy tracing back to the ancient tribes of Israel? Would that blow your mind or what?
And guess what? The narrative becomes even more captivating. This massive secret may have been kept under wraps since America's founding. What if there's been a meticulously woven web of misinformation to keep us in the dark?
https://youtu.be/E4-Q9clvPkg
Ready to unveil the secrets? Want to see how deep the rabbit hole goes?
Remember, copy and paste the link separately in your Facebook post and press 'Enter' to make it clickable. Share the truth, share the history!
It’s all by design, it’s all on purpose, it’s meant to get you out of your house and push you into city centers! Into their “human settlement zones”! This is a propaganda film to scare you! Don’t buy into it! Paradise was burned on purpose and so was Maui!
23:13 Theres No Danger In New York State At This Time Florida Is The Hurricane Capital Of The World
Don’t Forget Tornadoes And Droughts As Well
Your punishment for STEALING native lands!!!! They're coming back to HAUNT YOU!!!!
Couldn't they get flood insurance? In Florida, anywhere is eligible for coverage for the National Flood Insurance program. Any insurance agency can obtain it.
This is for all the Homeowners and parents to figure out
The four horsemen of the apocalypse are upon us
Rich people problems
AKA California fires hit Florida. Yet plenty of climate deniers.
We can't afford anything with the crooks running the country!
What caused during the Ice Ages eras?