Saturday, December 1, 2018

Climate Change Insurance: Buy Land Somewhere Else

In case global warming makes their homes uninhabitable, some millennials have a Plan B: investing in places like the Catskills, Oregon and Vermont.


Mark Dalski is an owner of Highview Creations, a company that designs and builds green roofs in New York City, and he knows a lot about climate change. That’s why he is working on his escape.

Mr. Dalski, 33, lives in Greenwich, Conn., but he can envision a time when his home there might be besieged by extreme weather and rising sea levels. So he bought four acres of land in the Catskill Mountains, in Roxbury, N.Y., where he is building a home that is as sustainable and self-sufficient as possible.

To date, he has drilled a well, set up poles for power lines and designed a septic system that has been approved by the New York City Department of Environmental Protection. (The property is in the city’s watershed.)

He is working on designing and then securing building permits for the house. He wants it to be no more than 1,200 square feet — “it should be simple, small and sustainable,” he said — and to have an open floor plan and a lofted master bedroom. The windows will look out over land where he can grow corn, collard greens and root vegetables... (continues)

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