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A $1T Time Bomb Is Ticking in the Housing Market

34 pointsby rustoo10 months ago

6 comments

smarm5210 months ago
&gt; sometimes the disaster comes when you’re not ready.<p>Pretty sure that&#x27;s the definition of &quot;disaster&quot;.
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oceanplexian10 months ago
They are underinsured but it’s because we are building homes in places they don’t belong, that historically have been wiped out by natural disaster such as wildfire. Climate crisis or not, you don’t have to do a lot of digging to read the stories of entire Gold-rush era towns being wiped off the map by fires.
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jschveibinz10 months ago
It&#x27;s probably more like 1000 x $1 billion ticking time bombs spread out over time, but that makes for a more confusing headline.
sublinear10 months ago
&gt; Millions of US homes are underinsured because their premiums don’t reflect the risk of climate-fueled catastrophes.<p>Saved you a click
secretsatan10 months ago
Costs successfully socialised
ganeshkrishnan10 months ago
&gt;DeltaTerra Capital, a research firm he founded to warn investors about the next housing crisis. This one will be caused by climate change<p>&gt;DeltaTerra Capital is an investment research and consulting firm serving institutional clients that seek to mitigate climate risk exposure<p>A hedge fund that sells climate risk solutions warns of climate change risk problems.<p>The internet nowadays is just ads, ads pretending to be news, propaganda, seo landfill and staged social media videos. I am glad I got to enjoy the early 2000&#x27;s geocities&#x2F;myspace genuine human connections internet.