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Climate Change To Slash U.S. Home Values By Nearly $1.5 Trillion By 2055, Study Says
A new study from First Street projects a nearly $1.5 trillion decline in U.S. home values by 2055 due to climate risks. Rising home insurance costs and shifting population patterns are expected to drive the trend. Areas such as California’s Central Valley and parts of New Jersey are forecasted to see population declines. Regions like Houston ...
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