Casualty Actuarial Society 12th Annual Survey of Emerging RisksKey Findings Top Current Risk 1.Climate change 12th-emerging-risk-survey
Tag Archives: real estate
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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Flood Insurance Risk
From https://urbanland.uli.org/sustainability/investors-and-bond-rating-analysts-are-working-to-quantify-risks-from-climate-change/ Bonds, insurance, climate risk: “a cataclysmic issue” “Going forward, cities that lack the resources to invest in climate remediation may see their credit ratings decline as result” “Those longer-term risks “are not priced into the market today,” He cited the difficulty of evaluating the flood risk for a regional mall that sits atop […]
Posted in Environment, Global Warming
Also tagged climate change, flood insurance, rising sea level, sea level rise
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Real Estate Value and Rising Sea Level
“A very simple way of thinking about it is that it will be tens of thousands of dollars per resident in places that may not have a large tax base” “Globally, the question of equity is even more acute, with cities in developed nations far better able to fund climate change adaptation projects than in […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, investments, rising sea level, sea level rise
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Do You Need Flood Insurance?
by Daniel Brouse and Sidd Mukherjee There’s a thing about climate change and a rising sea level that took me a while to grasp… a lot of the water isn’t actually in the sea. As more water accumulates in the sea and the temperature rises, more energy is also being stored in the sea. Now, […]
Posted in Education, Environment, Global Warming, Government, Science
Also tagged climate change, flood in, rising sea level, sea level, sea level rise
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Flood Buyouts, Savings and Climate Change
The AP article Flood buyout costs rise as storms intensify, seas surge reports: “‘… nearly half of the homeowners in Mosby signed up in 2016 for a program in which the government would buy and then demolish their properties rather than paying to rebuild them over and over. They’re still waiting for offers, joining thousands […]
Posted in Environment, Global Warming, Science
Also tagged climate change, extreme weather events, flood insurance, rising sea level, sea level rise
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Climate Ignorance and Insane Real Estate Deals
An article in Splinter urges Sell Your Florida Property Now. “We all know, in a theoretical way, that climate change is going to turn the state of Florida into a narrow peninsula of watery broken dreams. But I bet you are not scared enough!” In a Bloomberg article, Lenders Scolded for Climate Ignorance in ‘Insane’ […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, property values, sea level rise
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Climate Change: Suspension Of Belief
by Daniel Brouse In the 1990’s, a team of real estate professionals, property management specialists, and climate change scientists starting working on a plan to mitigate the effects of global warming on residential real estate. There are two major problems with developing a plan: 1) Unintended Consequences The impact of climate change is wide reaching […]
Posted in Agriculture, children, Education, Energy, Environment, Global Warming, health and wellness, Science
Also tagged climate change, flood insurance, property values, sea level rise
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Avoiding Racial Bias
Sidd said: This has relevance to the unified real estate database we are talking about and to a lot of other things. Quite high level, but it illustrates why, for example, chicago was sending black people to jail alla time, but not white folk. https://boingboing.net/2016/05/24/algorithmic-risk-assessment-h.html here is a some detail with programming on how to […]
Underestimated Flood Risk
https://eos.org/opinions/millions-more-americans-face-flood-risks-than-previously-thought text follows: Millions More Americans Face Flood Risks Than Previously Thought A different modeling approach fills large gaps in the U.S. governmentâ??s flood risk estimates, revealing previously overlooked at-risk areas often surrounding small flood-prone streams. A Spring Lake, N.C., resident is carried from her flooded home on 17 September 2018, in the aftermath of […]
Posted in Environment, Global Warming, Science
Also tagged climate change, flood insurance, flooding, floods, rising sea level, sea level rise
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