Climate change is throwing a snag in one of the most important considerations during the home-buying process—location. With catastrophic wildfires, hurricanes and sea-level rise climbing, experts are urging prospective homebuyers to take regional climate risks into account before settling down somewhere with a 30-year mortgage.
In recent years, real estate and rental marketplaces have started to show these dangers on home listings to equip buyers with basic climate-threat information. However, one of the most popular marketplaces recently took down its climate scores following pushback from the housing industry, which claims the data is unreliable and negatively impacts the market, as Inside Climate News fellow Claire Barber reported.
Now companies, researchers and some states are stepping in to fill gaps. A slew of resources remain available for people to tap as they try to avoid the worst of future climate impacts.
One of the hard truths to accept early on in the search for a new home is that there are no climate havens, experts say. Research shows that climate impacts touch every corner of the world, from the remote Arctic to the bustling streets of New York City.
But that doesn’t mean every region faces the same type or degree of risk, so it is possible to find areas that are less likely to be pummeled by a hurricane or scorched by a wildfire, said Jesse Gourevitch, an economist at the nonprofit Environmental Defense Fund.
“As a homebuyer, the key is trying to access information about those relative risks and then decide how to make trade-offs with that information relative to all the other criteria that a homebuyer might be considering,” he told me.
3 Comments
hanrahan@slrpnk.net · 2 pts · 206d
Sure but there are places that are better then others away from the tropics, off a flood plain, not near sea level or too near the ocean, watch for forest fire risk (cleared area etc) and somewhere with an annual average raimfall of 900-1000mm as a minimum ie not in a fucking desert.
Rather then kayaking away from your home becase of a flood, or watching the ocean wash over your front door steps, or it being ridiculously hot and humid as on Brisbane now. Which is why I am in Tasmania, off a flood plain ona small hill, at 270m ASL, zero fire risk, 1100mm average rainfall.
relianceschool@lemmy.world · 1 pts · 206d
Agreed entirely, and this is a very reasonable take. Alex Steffen addressed this in Why do some people want you to ignore climate threats?
relianceschool@lemmy.world · 1 pts · 208d
Here are some links/resource for homebuying in regards to climate risk: