Mortgage Cycle News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We're going to see people by the middle of the century starting to move on. and it's sad, because miami, south florida is is one of the most beautiful places to live. you can imagine. especially during winters like we had up north. >> no doubt. and of course the big question is when does the insurance industry kick in and realize, as you said we're just a mortgage cycle away from reality on this. dr. harold wanless, we'll visit again. i appreciate your time tonight. thanks so much. our series continues tomorrow when we'll head up the coast to norfolk, virginia. we'll look at how the climate ...

That's barely a mortgage cycle away. >> the effects are already visible along the shoreline. >> we have had about a foot of sea level rise in the last 85 years. globally in south florida, and so that has destabilized all of the beaches and barrier islands everywhere. >> renderings created from climate data show a bleak outcome for iconic ocean drive in the coming centuries. >> out in the coast we're starting to get high tide flooding. when the moon goes full the tides come up higher than they used to. some reengineering of the islands and channels have caused harder currents that are pushing w...