The $1.5 Trillion Threat: How Climate Disasters Are Destroying Home Values

Douglas McIntyre, editor-in-chief at Climate Crisis 24/7, reports that home values could drop by $1.5 trillion over the next 30 years due to climate disasters. The South faces hurricane-related devaluation, while California’s wildfires threaten real estate there. As insurance companies pull out, securing mortgages will become increasingly difficult, making these areas less desirable for homeowners.