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I reckon this kind of thing is going to shock some people out of their apathy towards doing something about climate change.

In the Herald today …

Some sought-after coastal properties could fall in value because insurers are refusing to cover them for extreme weather events linked to global warming.

The insurers’ tough line against properties in flood and erosion-risk areas could make it impossible for buyers to get mortgages. [ read more ]

Just spotted this article over at Celsias about a handy tool for folk in the USA to appraise the impact global warming and climate change may have on their property value (and presumably livability).

Timely considering yesterday’s deluge in Northland. You have to wonder what is going to happen to property prices and insurance costs as this type of weather event becomes more frequent and violent in coming years.