Bloomberg: "US Housing Market is Overvalued by Billions Due to Ignored Flood Risk"

This story details a new article in the journal Nature Climate Change coauthored by RFF Fellow Penny Liao.

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Feb. 16, 2023

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US homes in areas prone to floods may be currently overvalued in the range of $121 billion to $237 billion, according to a report published Thursday in the journal Nature Climate Change.... The report was authored by researchers from First Street, the Environmental Defense Fund and Resources for the Future, among others.

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