beachfront

(Newser) - Malibu's scenic Broad Beach is vanishing between the rising sea and the sea walls homeowners are building to protect million-dollar properties from global warming, the Los Angeles Times reports. Ocean levels are projected to rise at least a couple feet in the next century, wiping away this and many other...

(Newser) - US real estate is hurting, but the top price for a beachfront summer rental in Malibu hit $150,000 this year. The area is flush with homes valued at or above $10 million—a bracket unaffected by the housing slump. And Tinseltown's elite is happy to pay. "Recession? What...