Navigating the Shift

Abstract

Communities with developed shorelines face increasing negative impacts from adaptation, prompting policymakers to consider managed retreat programs. However, institutional challenges and homeowner interest raise questions about their economic and political viability. This study surveys Lake Michigan homeowners to assess the financial incentives needed for participation in a proposed on-site retreat program. Excluding relocation costs, a median payment between $38,000 and $77,000 is needed to participate and surrender the private option to alter lake shorelines with protective structures. These findings offer evidence of implementation strategies to minimize hardened shorelines and increase natural shoreline conservation, at costs lower than traditional retreat programs.