Climate change will break the housing market, says David Burt, who predicted the 2008 financial crisis – Market Watch
Article Synopsis – David Burt, the investor who predicted the 2008 housing collapse, is once again predicting a financial crisis, but this time due to climate change. Burt believes that the under reporting of risk from insurance companies and government flood maps will cause a mortgage crash, possibly larger than the crash in 2008. To read the actual article click here.