Thursday, November 16, 2006
House prices crash…into the sea!
With global warming forecast to hasten the sea's encroachment, the government estimates that 140 billion pounds ($267 billion) of homes, roads and businesses are at risk.Phyllis Tubby bought her home 20 years ago so she could live near the sea. Now, the cliff is just a few yards from her fence. A nearby house is worth one pound, and three doors away Diana Wrightson has closed her tea shop.