Bittle at the Baffler on flood and sea level impacts in the USA: “a neighborhood that feels more like an unclaimed frontier than a subdivision in one of the nation’s fastest-growing metropolitan areas. Dogs run free across acres of empty land, the sound of a falling acorn echoes for blocks” “Funded by the federal government, […]
Tag Archives: real estate
Bittle at the Baffler on Floods and Sea Level Impacts in the USA
Posted in Education, Environment, Global Warming, Science
Also tagged climate change, extreme weather events, flood insurance, flooding, floods, rising sea level
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Climate Crisis Update
Florida town dealing with sea level rise “Our risk is undeniable. The modelers get it. The mortgage institutions get it. Insurance gets it.” https://www.tampabay.com/news/environment/2019/12/27/a-south-florida-towns-pioneering-plan-to-fund-retreat-from-sea-rise/ sea level rise and storm surge “every 10cm of sea level rise increases the frequency of a given coastal flood by a factor of three.” “This means that 10cm of sea […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, rising sea level, storm surge
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Real Estate, Climate Change, Health and Wellness
Where you live is greatly impacted by climate change. Pollution that causes global warming impacts your health and well-being. Sea level rise and extreme weather events impact the value of your real estate, insurance and your financial health. Climate Change and Health Death By Ozone Ozone primarily affects the respiratory and immune systems. The damage […]
Posted in children, Education, Environment, Global Warming, health and wellness, Science
Also tagged climage change, risk, value
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The Horror World will Face from Climate Change
Posted in Energy, Environment, Global Warming, Science
Also tagged climate change, drought, risk, threat, wildfires
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Mortgage-backed Securities Exposed to Coastal Flooding Risk
An article in the Business Telegraph entitled “Climate change: the CMBS angle” explains: “… $56bn in commercial mortgage-backed securities that are exposed to coastal flooding risk in the US, and it’s not pretty viewing.” “It is often asked why US politicians are blasé about climate change, but we may suggest that will all change if […]
Posted in Environment, Global Warming, Science
Also tagged climate change, coastal flooding, flood insurance, rising sea level, risk
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Climate Change Disasters Scare Off Insurance Industry
Australian insurance companies are becoming leery of insuring high risk properties. Climate change disasters could scare off the Australian home insurance industry “The idea of parts of Australia being so exposed to natural disasters that they aren’t able to get home insurance seems scary but that’s exactly what insurers are warning of as climate change […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, rising sea level, risk, uninsurable
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Financial Risks From Climate Change
A New York Times Report on Federal Reserve Bank of San Francisco * Home values could fall significantly. * Banks could stop lending to flood-prone communities. * Towns could lose the tax money they need to build sea walls and other protections. * Volatility related to climate change has become “increasingly relevant” as a consideration […]
Posted in Environment, Global Warming, Science
Also tagged climage change, Federal Reserve, flood insurance, rising sea level, risk
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Climate Change, Real Estate Mortgages, Flood Insurance and You
From https://www.reuters.com/article/us-climatechange-mortgages-idUSKBN1WE0D3 “The market’s failure to integrate climate science with investment analysis has created a mispricing phenomenon that is possibly larger than the mortgage credit bubble of the mid-2000s” “a key culprit for the mispriced risk in the U.S. mortgage market is outdated flood maps drawn by the federal government.” “Due to budget cuts, more […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, rising sea level
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Climate change jumps to biggest risk for insurers.
Casualty Actuarial Society 12th Annual Survey of Emerging RisksKey Findings Top Current Risk 1.Climate change 12th-emerging-risk-survey
Ocean Front Property
Sidd said: It has been fifteen years i think i said “The ocean is very large and wants in your basement” Nyhoo, here’s an article https://news.sky.com/story/dont-buy-coastal-properties-un-scientists-issue-stark-warning-on-climate-11819030 No part of the planet will be spared a climate crisis as oceans warm and glaciers and ice sheets melt, according to a report by United Nations scientists. The […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, rising sea level
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