A climate reckoning for US housing: Too many homes in harm’s way, ‘too many zeros’ in the costs (USA Today)

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    A climate reckoning for US housing: Too many homes in harm’s way, ‘too many zeros’ in the costs – By Kyle Bagenstose (USA Today) / Nov 5, 2022

    • As the effects of climate change grow more dire, danger is rising for Americans in floodplains, coastal marshlands, wildfire-prone areas and swaths of land struggling with drought.
    • When disasters strike U.S. communities, taxpayers often pick up the tab.
    • Some experts see a future where people slowly move away from higher-risk areas. Some think a more dire correction is coming.

    More than a month has passed since Hurricane Ian struck the country, killing at least 119 and potentially causing more than $100 billion in damages. Many survivors are now facing a gut-wrenching question.

    Should I stay or should I go?

    In the aftermath of such natural disasters, residents and politicians alike often declare they will stay and rebuild. For Ian, that message is coming all the way from the top.

    “The key here is building back better and stronger to withstand the next storm,” President Joe Biden said in September as he surveyed damage in Fort Myers, Florida, alongside Governor Ron DeSantis.

    CONTINUE > https://www.usatoday.com/story/news/2022/11/05/climate-change-and-us-housing-taxes-fund-disaster-rebuilding-cycle/10615110002/

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