U.S. Houses Facing Increased Flood Risk Overvalued by as Much as $237 Billion, Study Says

Econ & Housing

A study recently published by the journal Nature finds that U.S. residential properties exposed to flood risk are overvalued by between $121 billion and $237 billion. The number of homes in the United States at risk of flooding, especially as extreme weather becomes more frequent as a result of climate change, accounts for some of…

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