Climate change impacts retirement destinations
According to experts, climate change is causing retirees to start reconsidering moves to disaster-prone dream locales like Florida and California.
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According to experts, climate change is causing retirees to start reconsidering moves to disaster-prone dream locales like Florida and California.
"This is Han Solo in carbonite: This is a market that could stay frozen for quite some time," said Benjamin Keys, a real estate professor at the University of Pennsylvania's Wharton School.
Climate change and recent storms have more older adults rethinking a coastal location. It’s not a fear of storms – it’s a fear of having to rebuild in their 80s.
It’s a small yet noticeable shift, experts say — but climate change is causing retirees to start reconsidering moves to disaster-prone dream locales.
The hurricane’s record-breaking cost will make it even harder for many to get insurance, experts say — threatening home sales, mortgages and construction.