The Nantucket Buyers Betting Against Losing It All
Briefly

Vaccaro's unconventional purchase of a home destined for demolition highlights the drastic measures homeowners are taking as coastal erosion intensifies in Nantucket.
'Everyone knows the houses are going to fall into the sea, but $200,000 is a bargain,' Vaccaro expressed, reflecting a growing acceptance of risk in coastal real estate.
The Carlin couple's decision to sell their eroding property illustrates the urgent need for homeowners on Nantucket to adapt to changing environmental conditions.
'When we bought our house 36 years ago, there were three houses, an acre of land. Now, the beach is encroaching rapidly,' said Carlin, describing the drastic change.
Read at Curbed
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