33 min listen
The US Housing Market's Exposure to Climate Risk with Amine Ouazad
FromClimate Now
ratings:
Length:
34 minutes
Released:
Jun 11, 2021
Format:
Podcast episode
Description
Sea levels are rising, storms are worsening, and flooding is consistently exceeding FEMA's 100-year floodplain maps. Yet, an increasing percentage of new mortgages are used to purchase homes in at-risk areas. And lenders are selling mortgages in areas hit by hurricanes at higher rates to Fannie Mae and Freddie Mac, who are backed by American taxpayers, according to research done by Dr. Amine Ouazad, Professor of Economics at HEC Montreal.Dr. Amine Ouazad speaks with Climate Now about his research, and how these conditions could spark the next financial crisis.Follow us on Twitter, LinkedIn, Facebook, and Instagram.Contact us at contact@climatenow.comVisit our website for all of our content and sources for each episode.
Released:
Jun 11, 2021
Format:
Podcast episode
Titles in the series (100)
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