Pandemic boom drives up sales for vacations homes with high natural disaster risk
“The threat of climate change isn’t the top concern for a lot of homebuyers, which means they often prioritize factors like warm weather and proximity to the beach over avoiding natural-disaster risk,” said Sheharyar Bokhari, a senior economist at Redfin. “Second-home owners, in particular, have another place to live if disaster strikes—another reason climate danger … Read more