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    CelloMom On Cars (cellomomoncars@mastodon.social)'s status on Friday, 07-Mar-2025 23:49:43 JSTCelloMom On CarsCelloMom On Cars
    in reply to

    Property Prices in Peril

    "First Street thinks the value of real estate will decline by over $1 trillion by 2055. That's partly because many people will leave big parts of the country that are now experiencing growth, and partly because property values will have to adjust downward to compensate for higher #omeInsurance costs."

    https://www.usatoday.com/story/money/personalfinance/real-estate/2025/02/03/climate-change-migrations-lost-property-value/77888167007/

    In conversationFriday, 07-Mar-2025 23:49:43 JST from mastodon.socialpermalink

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    1. Domain not in remote thumbnail source whitelist: www.usatoday.com
      Climate risk will take trillion-dollar bite out of America's real estate, report finds
      from Andrea Riquier
      Americans are likely to continue moving to areas with risky climates, even as other places are abandoned, and more resilient places welcome newcomers.
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