CelloMomOnCars , to random
@CelloMomOnCars@mastodon.social avatar

The #ClimateCrisis will make the 2008 mortgage crisis look like a walk in the park. With ice cream.

" Rising seas, bigger #floods, and other increasing #climate hazards have created a dangerous instability in the U.S. financial system. "

That, on top of developers building in flood plains and wildfire-prone places, and the US government providing the #insurance.

#ClimateChangeIsTheLastStraw
https://yaleclimateconnections.org/2023/04/bubble-trouble-climate-change-is-creating-a-huge-and-growing-u-s-real-estate-bubble/

CelloMomOnCars OP ,
@CelloMomOnCars@mastodon.social avatar

"High winds and heavy rains both play their parts in severe storm damage, but is the biggest single component, accounting for 50% to 80% of the total annually.

As the climate has warmed, there’s been an increase in the ingredients that make up .

States prone to severe storms like and already have some of the highest costs in the nation, rivaling Florida’s and higher than California’s."

https://www.bloomberg.com/graphics/2024-hail-storm-damage-insurance/

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