U.S. Builders Keep Expanding in Climate-Risk Zones: A Looming Housing Crisis

A new study reveals that most U.S. housing developments over the past 30 years have occurred in climate-vulnerable states like Texas, North Carolina, and Florida. Despite initial popularity due to favorable tax policies and weather, homes in these areas now face rising insurance rates and declining property values due to increasing climate threats, particularly hurricanes. As a result, these regions may soon see a housing glut as residents seek to relocate, making long-term prospects for homeowners and builders uncertain.