R.I. property values impacted by sea level rise

RHODE ISLAND properties failed to realize $44.7 million in value due to tidal flooding from increased sea level rise and from 2005 to 2017. / PBN FILE PHOTO/BRIAN MCDONALD
RHODE ISLAND properties failed to realize $44.7 million in value due to tidal flooding from increased sea level rise and from 2005 to 2017. / PBN FILE PHOTO/BRIAN MCDONALD
PROVIDENCE – Rhode Island properties failed to realize $44.7 million in increased value due to tidal flooding from rising seas from 2005 to 2017, according to a new report from the nonprofit First Street Foundation and Columbia University released Tuesday. “Each time we analyze a new state we see the same phenomenon,” said Jeremy R.…

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