Purchase the shorefront property that you planned to buy

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Question: Local mean sea level is the average position of sea level between low and high tides. High tides occasionally reach 0.88 m (2.9 ft) above mean sea level here, and storm surges often raise sea level an additional 0.3 m (1 ft). When Hurricane Sandy passed offshore of Ocean City in 2012, the storm surge caused a total storm tide of 1.09 m (3.59 ft). (Further north at Bergen Point tide gauge, Staten Island, New York, the National Weather Service reports a 2.87 m storm surge on top of a 1.57 m high tide, bringing the water level to 4.44 m above local mean sea level during Hurricane Sandy.) Given these natural day- to-day variations in sea level and the prospect of sea-level rise calculated previously, would it be a wise decision to purchase the shorefront property that you planned to buy? Explain your reasoning.

Reference no: EM133629264

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