Mike manages a luxury property on the beach and the damage the salt air does to this house is unbelievable...corrosion everywhere.  Maintanence costs are too high.

Personally I would never want to live ON the beach.  

Eve

Appears to have been debunked ... what fake news did I miss Fred Griffin ??

I don't deal in those properties; however the Gulf Coast of Texas it is very expensive.  I hope you have a great 2018 Fred.

I was looking for some good deals of those panicking and selling off their ocean front homes. Mother nature tends to balance herself without man. You have droughts and then floods, heat and then cold. In the end, it all evens out

Not till Cali gets so stoned and gorges itself on so many Doritos it falls into the ocean from the additional weight . . . meanwhile, ManBearPig's ride is here -- the USS Algore.

The checks and balances of man's desire and insurance concerns will be overcome and those that can afford it will buy it!

Not from me, personally.... as far as I'm concerned too much risk living that close to the water.... as for others, we'll see. 

not in my wheelhouse.

There was a news story I read just today about a guys 1.3M condo wouldn't sell because the lower half of the building's structure got messed up by the last hurricane. His portion of the special assessment was 50 or 60K to strengthen the foundation & other things. He said his place was on the market now for 18 months.

What Kathleen Daniels said.

Coastal property is out of our price range but I have sold a few along Lake Erie. Personally, we are happy to live a mile from Lake Erie, just a short walk when it's not snowing in Erie, PA.

Waterfront has been the number one search term for buyers around the world. And oceanfront is very valuable.  I suspect it will continue to rise in price. 

If 97% of the scientist are idiots maybe but I don't think so.

It's not just an issue of rising water, but salt air, wind, moisture and erosion issues, plus higher insurance costs.

Waterfront and water views are always in demand. A

Fred Griffin - personal choice. And off-late, I see it dwindling!

Ours is always expensive.  Global warming was a lie even before Al Gore brought it up.  The majority of his predictions never happened and scientists came out and said they were paid to make the numbers look bad to support his theory.  No wonder he ran under the democrat flag!

Low tonight in Houston is 27.  Three weeks ago, we had snow.  Oh yea and in August we had 51 inches of rain.  We've got waterfront property that wasn't waterfront at this time last year, so not sure anyone will be purchasing beach front just because they think global warming is debunked. 

"Debunked?" Did any one tell Obama and the Left yet? They seem to think the "end is near"!

Didn't global warming end the ice age?

Good luck with that one my friend.

I am a scientist, I know that it is real.

I didn't know it was officially debunked. I'm not moving to the beach, I'm a mountain girl through and through. -Kasey

There will always be a demand for ocean front property..where there is a limited supply there will be those who "must have it!"

It is more likely that prospective home buyers will be worried about the potential for flooding.

Why Phoenix Scottsdale is so popular. We may become oceanfront if ever California floats away or gets swallowed by a sink hole.

I see no reason that people who can afford it will not continue to seek the lifestyle.

there will always be demand for what is minimally supplied....they don't make oceanfront land anymore.... but the hurricanes will always be an issue to most....

I never believed that stuff, to begin with. Happy New Year and much prosperity in 2018, Fred.

By the sounds of what the salt air did to your property, maybe not everyone knows this.

One thing about climate is it will change, and then again change again.

I don't think buyers even consider that as much as the Flood Insurance rates

"Debunked"?!!! Says who? Have you read the Miami "Six Feet Under" article?

As someone who has been lending money on "coastal properties" for almost 50 years, I have not ever seen a decline in buyers. Remember, there is only so much Bay front and Oceanfront properties out there. I work in an area that includes Long Beach Island,NJ. (LBI) has always been a great real estate investment.

Fred Griffin I don't know if it ever did hurt the demand. Flood insurance does put a damper on it though.

Happy New Year!!

Yes, there will be increased demand.

However, property classified as inhabitable waterfront will be 17 feet above current levels. In some locations, that could be a mile from the current beach. Of course  expendable CASH negates all the imposed controls. This 1% of the population will put up gates AND remove public parking to keep the rest of us out of their back yard. 

still not doing it for me with the hurricanes

I don't believe the theory has been debunked.

CON -  Future Flood Insurance Increases ????

Tammy Lankford, nailed this one!

I do not know about other locations, but Malibu, Santa Monica, Venice, etc. Los Angeles beach locations keep gaining in value. I know the same: San Francisco, San Diego, Santa Barbara, and probably most CA cities near the ocean.

I saw a special recently with scientists from around the world, all saying that the 'hype' was 100% politically motivated years ago and that there is absolutely nothing to substantiate these claims. There are some books out there as well, supposedly claiming the same thing - but, with proof. I haven't had a chance to read them yet though.

All I know is that if the man who won the Nobel for his work in global warming AND his wife are still driving SUVs, even they can't possibly believe in what he has managed to convince one entire political party in the US and many abroad as well!

In response to your question - 1/2 of the population still believes in this - debunked or not. So, I guess there's a 50/50 chance of your beach front properties being in high demand!

Well not here in Minnesota

Continuing increased demand. Why? It is coveted property in any weather 

Was at 17 Mile Drive (CA). The properties ~1/2 +mile away in Peeble Beach away from Pacific Ocean was not that expensive. One can get a home in the woods a lot cheaper than same size Silicon Valley.  The ones even with some view or off 17 Mile Drive someone wants 3-5X more....

Does $18M Beach front property sound low to anyone?

Nothing like a cold front to counter a scientific global warming trend, and no place better than the Active Rain Q&A section to inject non real estate topics.