Climate Disasters Crashing U.S Housing Markets

David Callaway and Douglas McIntyre, Editors-in-Chief at Climate Crisis 24/7, examine the housing market collapse in Fort Myers, Florida, where home prices have dropped 20–30%. They compare the situation to the 2008 mortgage crisis, highlighting how climate-related disasters like hurricanes are triggering insurance company withdrawals—leaving homes uninsurable and unsellable, thus creating a cascade of economic instability.