Climate Crisis Triggers Miami Housing Market Collapse

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Miami’s real estate market is undergoing a sharp downturn. A new Realtor.com study shows a 198% gap between home sellers and buyers in the area. The trend is likely driven by rising climate risks, escalating insurance premiums, and a growing fear of hurricane damage, which is also affecting nearby cities like West Palm Beach and Fort Lauderdale.