Earlier quoted context omitted.
Buyers and Lenders are in fact, colossal fools. People build in floodplains all the time.
Obama only ran the country for 8 years, but hfdh434535 knows better. Real estate is about the closest thing to putting your money where your mouth is as far as climate change goes and the people have spoken - the coasts are still the most valuable and desirable places to live.
I would definitely buy coast property today because this won't be a significant problem in my lifetime. I'd buy from coast again when it becomes a significant problem, just that the coast location would be different of course.