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Updated almost 9 years ago, 12/06/2015

User Stats

170
Posts
54
Votes
Gayle Eisner
  • Investor
  • Monterey, CA
54
Votes |
170
Posts

Climate Change and Coastal Property Rentals

Gayle Eisner
  • Investor
  • Monterey, CA
Posted

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.

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