Axios: "1 Big Thing: The Climate Change Real Estate Bubble"

The Axios Generate newsletter features a new study coauthored by Fellow Penny Liao in its top slot.

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Feb. 17, 2023

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Zoom in: The study, published Thursday in Nature Climate Change, finds that nationally, property prices are currently overvalued by between $121 billion and $237 billion, when compared to their actual flood risk...

The paper is the result of a collaboration between experts at the Environmental Defense Fund, First Street Foundation, Resources for the Future, the Federal Reserve and two universities.

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