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The city is sinking—a process known as land subsidence—because residents and industries have been draining aquifers, often illegally, to the point that the land is now collapsing. Think of it like a giant underground water bottle: If you empty too much of it and give it a good squeeze, it’s going to buckle. Accordingly, parts of Jakarta are sinking by as much as 10 inches a year.

That’s destabilizing buildings in the short term—some structures have sunk straight down, enveloping their lower levels in mud—but in the long term it means that about half the city is now beneath sea level. All it takes is one storm surge to inundate a huge chunk of the metropolis: In 2007, for instance, a monsoon left half of Jakarta under as much as 13 feet of water, causing more than half a billion dollars in damage.

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Originally posted by Piano*Dad:
Well, the same is likely to happen closer to home in Norfolk Virginia, which is also sinking. I wouldn't be investing in coastal property at this time.

Santa Fe is looking fine ...

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And, if I were a professor and there were a job opening at Old Dominion, I wouldn't apply for it.