U.S. housing market could lose nearly $1.5 trillion in value due to rising costs of climate change
- Posted on February 19, 2025
- By CNBC
- 7 Views
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U.S. housing market could lose nearly $1.5 trillion in value due to rising costs of climate change
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By 2055, 84% of all U.S. homes may see some drop in value, totaling $1.47 trillion in losses, according to an analysis by climate-risk firm First Street.