Dr. Jeff Masters: Let housing market "slowly acclimate" to climate risk, Fannie Mae exec says. “If we go 20 or 30 years without taking real climate action, then I think you have built up a real challenge.” Sorry, this won’t work. The housing market is vulnerable THIS YEAR to a rude shock; at most, we have 15 years.

Let housing market "slowly acclimate" to climate risk, Fannie Mae exec says. “If we go 20 or 30 years without taking real climate action, then I think you have built up a real challenge.” Sorry, this won’t work. The housing market is vulnerable THIS YEAR to a rude shock; at most, we have 15 years.

Let housing market "slowly acclimate" to climate risk, Fannie Mae exec says - Marketplacewww.marketplace.org Consumer awareness about living in vulnerable areas is key to "letting that air out of the balloon," says Tim Judge, chief climate officer.

not great when your main reaction to an interview w the head of climate at Fannie Mae is .... WHAT are you talking about???

honestly great example of why you can’t just take a career non-climate quant risk modeler and make them “head of climate” and expect things to work out

"Love the cli.ate risk analysis you did. Great chart, too. You should take these axis lines off the x-axis, though. It clusters the image." "Those are error bars."

Clusters = clutters autocorrect just boggles the mind

I did a full on spit take at a few points

Our chance to do "slow acclimation" was 35 years ago, but we "had the debate" for 35 years instead, so now its too late bro, sorry

The insurance industry does NOT ignore data. People are already hitting the wall of "Wait, I'm supposed to take out a $300,000 mortgage on a house that I can't insure?" www.cnn.com/2023/11/07/h...

Climate change is impacting the home insurance industry and damaging the housing market | CNN Businesswww.cnn.com When Michael Monaghan, a real estate agent with Coldwell Banker Sellers Realty in northern California, got an offer for a home in Bayside at the seller’s $650,000 list price in September, he told the ...

Except that the insurance industry has known about climate change for decades and yet has kept up business as usual (including profiting off of fossil fuels investments and underwriting)

"How did you go bankrupt?" "Gradually, then suddenly" - The Sun Also Rises (now applicable to the water also rises)

I have... a lot of questions.

youtu.be/X9FGRkqUdf8?...

SELL THEIR HOUSES TO WHO, BEN?youtu.be Unauthorized mirror from https://twitter.com/smjenkin/status/1134823299765002241 , so the video can be found and shared more easily. Follow the creator for s...

Sure, AquaMan has to live somewhere!

Certainly won't work here. Likely already too late. How do you sell a house than can't get insurance?

‘We need to get out’: Severe flooding in Hollywood leaves many residents concernedwww.local10.com Hollywood residents are picking up the pieces just one day after torrential rain flooded multiple neighborhoods in the area.

I've given up on having a house in this country. It's too expensive and even if I could, not worth it. Time to leave

What morons.

Post