Housing permits don’t always equal housing starts. Say you want to build a house… You’ll need to plan for financing and contractor schedules, among other things. But first and foremost, you must apply for and be granted a building permit before you can start to build.
Enviro-pessimists have always failed to consider that past beneficial trends and subsequent progress were achieved, not in spite of the growing human numbers and their increased use of fossil fuels, but precisely because of them. Unlike other animal species, among humans more people are not merely more mouths to feed, but also more arms to work and more brains to solve problems.
Coastal properties have long been in high demand. Sites that offered a view of the ocean and the rhythmic sound of the waves most often carried a premium price tag. But, now, that premium is threatened by rising tides. Asaf Bernstein, assistant professor of finance at the University of Colorado at Boulder, did a study that showed that homes exposed to sea level rise sell for approximately 7% less than similar properties.