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Tag

coastal erosion

1 article

U.S. Equities167d ago

Coastal REITs: Nantucket's Erosion Battle Exposes Underpriced Climate Costs

The escalating conflict over coastal erosion in Nantucket, marked by alleged vandalism and a $10,000 reward, highlights a systemic underpricing of climate-related litigation and infrastructure costs for real estate investment trusts and property insurers exposed to vulnerable luxury markets.