Wealthy Homebuyers Ignore Climate Risks in Scenic Hotspots
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, highlights how affluent homebuyers continue to choose high-risk scenic locations like oceanfronts and deserts despite increasing climate threats. Based on a Wall Street Journal report, McIntyre explains that these buyers are drawn to the weather, tax benefits, and prestige of such areas—and they can afford the insurance, or even the loss, if disaster strikes.
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