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Reduce Flooding: Climate-Related Risks Could Reduce Real Estate Values by $1.4 Trillion in Next 30 Years

2/4/25 ā€“ First Street Foundation released a new study today as part of its 12th National Risk Assessment. ā€œProperty Prices in Perilā€ estimates that real estate values could lose $1.4 trillion over the next 30 years due to climate-related risks. That number is unadjusted for inflation. First Street specializes in climate risk financial modeling. Its [ā€¦]

The post Climate-Related Risks Could Reduce Real Estate Values by $1.4 Trillion in Next 30 Years appeared first on Reduce Flooding.

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Reduce Flooding

Reduce Flooding: Flood-Risk Perception Altering Migration of Retirees

An article in the New York Times asserts that flood-risk perception is altering migration patterns among retirees. by by Susan B. Garland titled ā€œDo you really want to rebuild at 80? Rethinking Where To Retire?ā€ describes changes in where many older people choose to retire. The lead say, ā€œItā€™s a small yet noticeable shift, experts [ā€¦]

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