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The last house on Holland Island in Chesapeake Bay, MD before it fell into the bay in 2010. baldeaglebluff / CC BY-SA 2.0

Sea level rise caused by climate change has already cost the U.S. $14.1 billion dollars in home values across eight East Coast states, according to new data released Thursday by the First Street Foundation, a Brooklyn-based non-profit whose stated mission is "to educate citizens and elected officials on the risks, causes and solutions to sea level rise and flooding."

In two separate data summaries released July 25 and Aug. 23, scientists affiliated with the organization looked at how coastal flooding had influenced home values in five Southern coastal states and the tri-states of New York, New Jersey and Connecticut between 2005 and 2017.

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