The $18 billion-plus natural disasters that impacted the US in 2022 did about $175 billion of damage with the vast majority of affecting real estate.
That's just one of many astounding statistics from Marcus & Millichap, shared by its National Director of Research and Advisory Services, John Chang, during a company news video.
Natural disasters are becoming more frequent. Over the last three years, the U.S. experienced an average of 20 disasters with a price take more than $1 billion each.
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