Homes in flood zones are overvalued by billions, study finds

Grist
By Zoya TeirsteinFeb 16, 2023, 7:15 pm120 pts
American homes in flood zones are overvalued by hundreds of billions of dollars, according to a study published on Thursday in the journal Nature Climate Change. Low-income homeowners in states controlled by Republicans are especially at risk of seeing their home values deflate as global warming accelerates. …

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