Living Dangerously… Beach Erosion or Global Warming?

I just noticed this youtube clip that was posted by youtube user puuikibeach, however he doesn’t identify the beach other then what he says below:

Seasonal beach erosion, Waialua, Oahu, Hawaii.
13 September 2009.

[youtube=http://www.youtube.com/watch?v=w0HZmM-KDnk&hl=en&fs=1&]

I sure wouldn’t ever purchase that house that is at the end of the video that’s for sure.  I would say this house is going to be toast with the rising sea levels and a good storm.