provinceorstate:miami-dade county

Climate #gentrification
▻http://grist.org/briefly/climate-gentrification-is-coming-to-miamis-real-estate-market
▻https://grist.files.wordpress.com/2017/12/gettyimages-643415786-e1514497228836.jpg?w=1200&h=675&crop=1

Research from Harvard shows a link between elevation and price appreciation in Miami neighborhoods. Properties at higher elevations in Miami-Dade County have been increasing in value since 1971. For the most part, that’s been due to non-climate factors. But since 2000, the correlation has grown stronger.

That could be a sign of preference for properties that are more resilient to flooding. Florida has certainly seen more than its fair share of rising seas and climate-fueled storms. And nationwide, coastal homes at risk of inundation are beginning to lose value.

Climate gentrification — a new phrase to describe climate change’s transformation of real estate markets — could have huge repercussions. If real estate values start to decrease rapidly for high-risk properties, we could be on the cusp of a foreclosure crisis, Harvard researchers say.

#climat #inondations

Ah ben m… ! on ne pourra désormais plus payer son pied à terre† new-yorkais 80 M$ en liquide et rester anonyme !

U.S. Will Track Secret Buyers of Luxury Real Estate - The New York Times
▻http://www.nytimes.com/2016/01/14/us/us-will-track-secret-buyers-of-luxury-real-estate.html

Concerned about illicit money flowing into luxury real estate, the Treasury Department said Wednesday that it would begin identifying and tracking secret buyers of high-end properties.

The initiative will start in two of the nation’s major destinations for global wealth: Manhattan and Miami-Dade County. It will shine a light on the darkest corner of the real estate market: all-cash purchases made by shell companies that often shield purchasers’ identities.

It is the first time the federal government has required real estate companies to disclose names behind cash transactions, and it is likely to send shudders through the real estate industry, which has benefited enormously in recent years from a building boom increasingly dependent on wealthy, secretive buyers.

The initiative is part of a broader federal effort to increase the focus on money laundering in real estate. Treasury and federal law enforcement officials said they were putting greater resources into investigating luxury real estate sales that involve shell companies like limited liability companies, often known as L.L.C.s; partnerships; and other entities.

† ex. donné dans la vidéo d’illustration de Reuters Tv au 342 Park Av.