Nantucket, a popular coastal retreat, designates itself an "Islands Coastal Resilience District" amidst increasing erosion threatening homes and downtown areas, while attracting wealthy property buyers.
Nantucket, a popular New England coastal retreat, faces a growing eco-crisis with increasing erosion threatening homes and downtown areas. Despite this, wealthy buyers continue to purchase properties on the island. The entire island has been designated as an "Islands Coastal Resilience District," hoping for state-backed assistance. With a year-round population of 14,000, Nantucket sees a summer influx of 80,000 visitors, including billionaires.
May 24, 2024
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