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Real Estate Development vs. Climate Change


After a small town in Maryland experienced what was considered a “1,000-year flood” twice within about two years, city officials had to consider how development is exacerbating the effects of climate change [1]. As CNBC [2] explains in the video below, “a combination of climate change and too much real estate development has turned water from an asset to a liability.”

Having developed around its rivers, Ellicott City must now adapt to the changing climate that is increasing potential flooding [3] and the feverish development that is preventing overflow from draining naturally. Take a look at the trials facing this small city, which may be a preview of more widespread problems in the decades to come.