I was in Toronto visiting the Toronto Islands. On the Ward and Algonquin Islands, there was extensive flooding, even with several feet of flood barriers added to the shoreline. In fact, in the low areas, a light swell had the water level lapping at the top of their temporary barriers. Those residents are gonna be flooded out soon.
"Climate change will crush real estate values for investors who don’t prepare, new report says
… Damage to U.S. real estate from extreme storms hit a record high in 2017. Natural disasters, including floods, mudslides and wildfires, cost more than $300 billion in damage, the bulk of it to residential and commercial real estate.
In 2018, from May through July, much of the East Coast, down to Florida, saw rainfall up to three times normal levels, according to the National Oceanic and Atmospheric Administration (NOAA). Nine of the top 10 years for one-day extreme precipitation events have occurred since 1990, according to the Environmental Protection Agency (EPA), because as the atmosphere warms, clouds hold more water...."
https://www.cnbc.com/2019/04/08/climate ... eport.html