Climate Change is Threatening to Create a New Housing Crisis in America – Business Insider
Credit: WikiCommons/Jill Carlson (jillcarlson.org).
Article Synopsis – Housing policies need to reflect the threat of increased flooding from sea level rise and incentivize those in flood-prone areas to relocate. To date, “the government and private insurance companies have spent more money rebuilding damaged coastal property than it would have cost to relocate every single home within this risky zone”. To read the actual article click here.