Unpriced climate risk and the potential consequences of overvaluation in US housing markets
Nature Climate Change, Published online: 16 February 2023; doi:10.1038/s41558-023-01594-8
Natural hazards exacerbated by climate change pose serious risks to property markets in the United States. Ignoring these risks could create instability in housing values. This research shows the magnitude of unpriced flood risk and who stands to lose from housing prices that reflect climate risks.
Nature Climate Change…