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The Conversation USA

Does climate change affect real estate prices? Only if you believe in it

  • Written by Constantine Yannelis, Assistant Professor of Finance, University of Chicago
Flooding due to climate change may make coastal homes less valuable.AP Photo/Julio Cortez

In the wake of two powerful hurricanes in the U.S. this fall, the scientific evidence that climate change will raise the risk of severe weather events continues to grow.

In some coastal areas such as Hawaii and Florida, roughly one-tenth of all homes are...

Read more: Does climate change affect real estate prices? Only if you believe in it

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