Climate change appears not to be affecting where people live, according to a new Redfin report.
"The US counties with the largest share of homes facing high heat, drought, fire, flood and storm risk saw their populations grow from 2016-2020 due to migration, while the counties with the smallest share of homes facing climate risk largely saw their populations decline," said the study.
To help prove the point, Redfin noted during that time the 50 US counties with the largest share of homes facing high heat risk had an increase in population from migration by an average of 4.7% during that time while, the counties with the largest percentage of homes facing high drought, fire, flood and storm risk experienced average population growth of 3.5%, 3%, 1.9% and 0.4%,
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.