PI: John Lynham
This work examined the economic consequences of a strategy commonly used in years past of building sea walls to protect property threatened by increased coastal erosion. Based on a technique previously used successfully by the authors in San Diego, CA, the researchers examined property sales on Oʻahu for the last 30 years and combined this with locations of seawalls built over those years. They found that while properties with coastal armoring maintain their value, there is evidence that neighboring properties show a decrease in value with time.
This work examined the economic consequences of a strategy commonly used in years past of building sea walls to protect property threatened by increased coastal erosion. Based on a technique previously used successfully by the authors in San Diego, CA, the researchers examined property sales on Oʻahu for the last 30 years and combined this with locations of seawalls built over those years. They found that while properties with coastal armoring maintain their value, there is evidence that neighboring properties show a decrease in value with time.