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Current trends and some projections suggest sea levels in Miami could rise one to nearly two feet by as soon as 2050. That's just a little longer than a 30-year mortgage.

Climate migration in the U.S.

MPR News meteorologist Paul Huttner spoke to Bloomberg's 

The Nightmare Scenario for Florida's Coastal Homeowners


Then, Huttner turned to Marketplace senior economics contributor 

 to talk about the psychology and economics behind a "bubble," when the value of something goes up and then crashes.

 To hear the full segment, use the audio player above.

Paul Huttner

Author

Change-driven sea level rise is one of the biggest wild cards in the next 30 years. Tidal gauges show the sea level is now rising three times faster in Miami than just 10 years ago. That's faster than many predicted.

Current trends and some projections suggest sea levels in Miami could rise one to nearly two feet by as soon as 2050. That's just a little longer than a 30-year mortgage. MPR News meteorologist Paul Huttner spoke to Bloomberg's Christopher Flavelle about his recent piece, "The Nightmare Scenario for Florida's Coastal Homeowners." Then he turned to Marketplace senior economics contributor Chris Farrell to talk about the psychology and economics behind a "bubble," when the value of something gets so high and then crashes.

Climate Cast: Rising sea level hurting coastal real estate

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