CityLab staffer Laura Bliss shares a story about a unique New York firm that wants to help homeowners and seekers maximize property values based on climate change projections.
Higher Tides Realty points clients to properties that may be “under-appreciated” now, but that will grow in value as local effects of climate change occur, according to Bliss.
Look, we understand that global warming is this terrible thing,” says Higher Tides founder and managing real estate agent Jake Collins. “But our company’s reaction is saying, ‘No, we can cope with this in a financially stable way. This is bad, but there’s also this ridiculous opportunity.’”