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Climate Change Could Cause the Next Housing Crash | NowThis Earth

Here's how climate change could cause the next housing market crash. » Subscribe to NowThis Earth: https://go.nowth.is/Earth_Subscribe » Sign up for our newsletter KnowThis to get the biggest stories of the day delivered straight to your inbox: https://go.nowth.is/KnowThis According to a report from the National Bureau of Economic Research, there might be a correlation between sea level rise and risk in the housing and mortgage markets. Data shows that since 2018, prices of houses in high-risk areas have decreased by roughly 5% when compared to those in less vulnerable areas. Approximately 40% of Americans live in coastal cities, and if sea levels continue to rise, they could be at risk. By 2045, experts estimate that more than 300,000 coastal homes will be at risk of regular flooding, and it's likely the value of these houses will continue to fall. #Climate #HousingMarket #Earth #Environment #Science #NowThis Connect with NowThis » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe » Like us on Facebook: http://go.nowth.is/News_Facebook » Tweet us on Twitter: http://go.nowth.is/News_Twitter » Follow us on Instagram: http://go.nowth.is/News_Instagram » Find us on Snapchat Discover: http://go.nowth.is/News_Snapchat NowThis Earth is daily news coverage of climate, sustainability, biodiversity, species extinction, environmental justice, and other planetary concerns. NowThis is your premier news outlet providing you with all the videos you need to stay up to date on all the latest in trending news. From entertainment to politics, to viral videos and breaking news stories, we’re delivering all you need to know straight to your social feeds. We live where you live.    / nowthisearth   @NowThisEarth