Joe Biden’s $ 3.8 million vacation home in Delaware “will be flooded within five years,” experts say

President Joe Biden’s $ 3.8 million vacation home in Delaware has a 98% chance of being flooded in the next five years due to climate change that raises sea levels.

The six-bedroom home is located in Rehoboth and is less than a mile from the coast, which puts it within the FEMA Special Flood Hazard Area, the area that would be flooded with water during a flood of 100 years, reports CNN.

The state of the Mid-Atlantic has experienced a sea level rise of more than a foot in the past century, but the Intergovernmental Panel on Climate Change (IPCC) warns that it will continue to rise in the next century and that running water will eventually exceed its coastal areas.

Although climate change plays a major role, the land on which Biden’s home sits is sinking naturally and exposes this region to even greater risk of sea level rise – and levels are rising faster than anywhere else in the country. world.

President Joe Biden’s $ 3.8 million vacation home in Delaware has a 98% chance of flooding in the next five years due to climate change that raises sea levels

About 5.4%, or 100 square miles, of Delaware resides in the 100-year floodplain, and by 2050 this land mass is projected to increase to 7.1% or 130 square miles due to rising water levels. sea, according to States at Risk.

But the Biden neighborhood is right in the danger zone where sea level is projected to rise by 1.5 feet by 2040 and then by five feet by 2120.

The million-dollar vacation home appears to have weathered the floods, as the accommodations are 10 feet above the ground because they sit above garages with high ceilings.

And this seems to be the project running for most of the new homes in the neighborhood.

Rehoboth Beach is part of Sussex County, which is the third largest with new homes being built in the area at the highest risk of future flooding of all coastal counties in the United States.

Biden's vacation home is located in Rehoboth and is less than a mile from the coast, which puts it within the FEMA Special Flood Hazard Area, the area that would be flooded with water during a flood of 100 years

Biden’s vacation home is located in Rehoboth and is less than a mile from the coast, which puts it within the FEMA Special Flood Hazard Area, the area that would be flooded with water during a flood of 100 years

Regardless of the risk, approximately $ 500 million worth of new homes have been built in the area since 2010 – Biden’s was built in 2017, reports Delaware Online. The president bought the house for $ 2.47 million, but the value has since soared to $ 3.8 million.

The last storm to cause major destruction in 1962 ruined 2,000 homes near the coast of Rehoboth Beach all the way to Fenwick Island.

The area in which the president’s home is located is one of several coastal regions that are likely to be submerged and uninhabitable by the middle of this century, putting $ 35 billion worth of properties at risk, according to maps produced by research without for-profit Climate Central.

Westhampton Beach in New York, where the median price of a home is $ 1.8 million and people like Eli Manning and Adam Sandler are residents, would be flooded even if the sea level rose by just a meter and a half.

Westhampton Beach in New York, where the median price of a home is $ 1.8 million and people like Eli Manning and Adam Sandler are residents, would be flooded even if the sea level rose by just five feet.

Westhampton Beach in New York, where the median price of a home is $ 1.8 million and people like Eli Manning and Adam Sandler are residents, would be flooded even if the sea level rose by just five feet.

In Los Angeles, a five-foot hike would completely inundate the Seal Beach National Wildlife Refuge, a 965-acre area that is a key resting and wintering habitat for thousands of birds that migrate up and down the Pacific Flyway each year.

In Los Angeles, a five-foot hike would completely inundate the Seal Beach National Wildlife Refuge, a 965-acre area that is a key resting and wintering habitat for thousands of birds that migrate up and down the Pacific Flyway each year.

Even Stone Harbor, where pop singer Taylor Swift spent most of her summers until the age of 14, when her parents sold their home in the beach community, would also be flooded in this 5-year flood scenario. feet

Even Stone Harbor, where pop singer Taylor Swift spent most of her summers until the age of 14, when her parents sold their home in the beach community, would also be inundated in this 5-year flood scenario. feet

In Los Angeles, a five-foot hike would completely inundate the Seal Beach National Wildlife Refuge, a 965-acre area that is a key resting and wintering habitat for thousands of birds that migrate up and down the Pacific Flyway each year.

The picturesque seaside community of Belmont Shore, known for its canals, house-lined walkways, and shops, would have been completely wiped out by about five feet of flooding. The area, which is part of Long Beach, has an average home price of $ 1.1 million.

Cities on New Jersey’s south coast would be uninhabitable if sea levels rose a few feet.

Places like Ocean City, Wildwood, Avalon and Stone Harbor would be underwater if nothing was done to mitigate climate change. In Wildwood, the median list price of homes was just under $ 500,000 in August; In Avalon, the average house price exceeds $ 2.2 million.

Even Stone Harbor, where pop singer Taylor Swift spent most of her summers until the age of 14, when her parents sold their home in the beach community, would also be submerged by this 5-foot flood scenario. .

“Higher floodwaters are reaching inland, flooding properties and buildings that have never been flooded before,” wrote the Climate Central researchers.

The threat of climate change goes beyond just real estate, experts note. Climate Central surveyed 328 counties in 25 coastal states and found that rising waters would threaten tax revenue that also funds public schools, emergency services and municipal services, ultimately leading to a “potential spiral of divestment and population decline” .

Biden is known for taking action to combat climate change

Biden is known for taking action to combat climate change

“If a city has no other source of income other than property taxes and those property taxes cannot be saved, that city is not sustainable,” AR Siders, a climate resilience expert at the university, told Scientific American. of Delaware.

Florida, Texas and Louisiana are also expected to face significant flood risk, according to Climate Central’s analysis.

The nonprofit’s climate report finally concluded that nearly 9 million acres – an area nearly the size of New Hampshire – will be underwater by 2100. Those 9 million acres include 300,000 buildings and $ 109 billion. properties.

Biden wants to fight climate change with a plan to achieve a 100% clean energy economy and zero net emissions by 2050.

Biden’s proposal on climate and environmental justice will make a $ 1.7 trillion federal investment over the next decade, leveraging additional private sector and state and local investments totaling more than $ 5 trillion.

However, the plan is not black and white, as it will cost each taxpayer $ 3,500 more each year to fund the infrastructure to make it happen.

The Biden administration’s commitment would require by far the most ambitious US climate effort ever, nearly doubling the reductions the Obama administration committed to in the Paris climate deal.

But Republican Senate leader Mitch McConnell dismissed the administration’s plans as costly and ineffective.

“This is just one-two,” McConnell said in a Senate speech Thursday. “Toothless demands of our foreign adversaries … and utmost pain for American citizens.”