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"20% of the homes sold in NYC in 2023 are likely to flood within the period of a 30-year mortgage. Of course, these tend to be more affordable homes bought by low-income buyers. Climate change’s impact on housing security is going to be staggering. 

www.nytimes.com/2024/09/14/n..."

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title:

"Home Sales in Flood Zones Are Booming. Here’s Why Buyers Take the Risk."

description:

"New Yorkers are spending billions on houses in flood-prone areas despite growing awareness of the effects of climate change."

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createdAt:

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