Wealthy beach lovers are left devastated as they're forced to slash prices of their luxury seaside homes by millions due to .Climate experts believe the rise in sea levels and unforgiving storms, intense rainfall and coastal flooding and erosion are the culprits putting homeowners in a precarious position - and the unpredictability of it all.The areas with some of the priciest real estate that have been hit the hardest include, Dana Point, , to Long Island, New York, and Nantucket, , reported.
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