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   CelloMom On Cars (cellomomoncars@mastodon.social)'s status on Thursday, 30-Jan-2025 23:46:18 JST CelloMom On Cars

   in reply to

   This article points out that some homes are over-priced relative to their level of climate risk, and:

   "US consultancy DeltaTerra Capital expects escalating ownership costs to cause a Great Recession-like correction in asset values affecting about a fifth of homes. Its founder Dave Burt was one of the “Big Short” investors who called the 2008 #MortgageCrisis."

   Climate risk is US housing market’s neighbour from hell
   https://www.ft.com/content/08cb8f8b-47b8-44ef-bbad-7ee268a98223