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How Hurricanes Blow Home Prices Through the Roof
Manage episode 445851341 series 2561267
Buying a home is already so expensive in America, but climate change is poised to make it much worse—even if you don’t live in the path of a hurricane. This week on How We Got Here, Max and Erin take a look at Florida to understand the thorny problem of insuring a home in a warming world. They break down how the insurance system is trying to account for ever-increasing risk, and explain why people keep moving to the places that are hardest hit by climate change.
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Manage episode 445851341 series 2561267
Buying a home is already so expensive in America, but climate change is poised to make it much worse—even if you don’t live in the path of a hurricane. This week on How We Got Here, Max and Erin take a look at Florida to understand the thorny problem of insuring a home in a warming world. They break down how the insurance system is trying to account for ever-increasing risk, and explain why people keep moving to the places that are hardest hit by climate change.
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