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When told about flood risk, homebuyers shun vulnerable homes, study finds

When told about flood risk, homebuyers shun vulnerable homes, study finds

When told about risks from flooding, prospective homebuyers were less likely to make offers on vulnerable properties, according to new research, which says that a growing awareness of climate risk could stunt home prices in flood-prone areas.

Climate change could cause the next financial meltdown
www.nytimes.com

Climate change could cause the next financial meltdown

The E.C.B., which meets Thursday, is among central banks trying to prepare for what a report warns could be a coming economic upheaval.
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