Here’s a cheery article from the Telegraph about the effects on London of a 1m rise in water level. Apart from the rather obvious conclusion that it would be “very bad news” for London to have such a rise, the report quotes “a leading climate expert” as saying that:
>In some areas insurance cover might be withdrawn altogether, leading to the collapse of the property market and the associated urban decay. The business and finance areas in Canary Wharf would be very vulnerable to increasing flood risk.
I’ll say – the whole of Docklands would be under water, as the map graphically shows. The City looks all right, though I can’t quite understand why this picture of St Paul’s shows water lapping round it. It’s on top of Ludgate Hill, so the water would get nowhere near it! (Try cycling up Ludgate Hill to realize how steep it is).
Oh, yes, and perhaps give it a miss if you’re thinking of Olympic investment property near Stratford…
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