[hn_throwaway_99]

Yeah, I was looking at this and thinking "At 20m, basically the entire Eastern and Southern Seaboard of the US is gone."

[Maursault]

Not at all. Those living along the shore have flood insurance which will continue to pay for restoration of the coastline.

[ehnto]

Insurance isn't an endless bucket of money, and it's also going to adapt. Eventually you just won't be able to get insurance for properties in areas like that. Just look at the floods in New Orleans or the current flooding along the east coast of Australia, I doubt there's enough money to make all those affected whole again.

I think insurance may be the main driver for when people actually decide to move. People are pretty resilient, but if you can't get a home loan because you can't get insurance, people won't keep living there.

[chiefalchemist]

I live in NJ. As I understand it, the state gov - via taxpayers, obviously - subsidizes property insurance at the shore (as NJ calls the beach).

That generosity isn't endless.

[throwaway0a5e]

These communities are wealthy and influential. Places like Buffalo will go bankrupt keeping places like NYC above water.