Environmental Defense Fund: US Housing Market Overvalued By $200 Billion Due To Unpriced Climate Risks
February 17, 2023
February 17, 2023
NEW YORK, Feb. 17 (TNSjou) -- The Environmental Defense Fund issued the following news release:
* * *
New Economic Research Reveals Hidden Risks and Overvaluations in Real Estate Market, Particularly Impacting Low-Income Households
* * *
A new study published in the journal Nature Climate Change examines the potential cost of unrealized flood risk in the American real estate market, finding that flood zone property prices are overvalued by US$1 . . .
* * *
New Economic Research Reveals Hidden Risks and Overvaluations in Real Estate Market, Particularly Impacting Low-Income Households
* * *
A new study published in the journal Nature Climate Change examines the potential cost of unrealized flood risk in the American real estate market, finding that flood zone property prices are overvalued by US$1 . . .