$22 Trillion Worth of the Housing Market—or 44% of All Homes in the U.S.—Is at Risk of Severe or Extreme Damage From Environmental Threats

Fortune, March 13, 2024-Alena Botros
Climate risk is a $22 trillion problem for the housing market—and it’s only set to keep growing. Almost 44.8% of homes across the country, worth nearly $22 trillion, are staring down “at least one type of severe or extreme climate risk,” according to a newly released Realtor.com report which considered flood, wind, wildfire, heat, and air quality issues. That represents nearly $22 trillion of housing wealth, concluded the authors, economist Jiayi Xu, economic data manager Sabrina Speianu, and chief economist Danielle Hale.
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