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 […]
Tag Archives: real estate
Real Estate, Climate Change, Health and Wellness
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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Flood Insurance Risk
From 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 […]
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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