America’s roofs face a triple threat of climate change, soaring insurance prices and a political regime doing everything it can to make both problems worse.
America’s roofs face a triple threat of climate change, soaring insurance prices and a political regime doing everything it can to make both problems worse.
“A house gives its owner at least two big things: wealth and the ability to sleep indoors. A roof makes both possible. When the roof goes, the home’s value evaporates and it becomes a campsite with walls.
“It is thus alarming that America’s roofs face a triple threat from a hotter, more dangerous climate, soaring insurance premiums and a political regime doing everything it can to make both problems worse. Trillions of dollars in housing wealth is on the line.”
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From Bloomberg Opinion (gift link above):
“A house gives its owner at least two big things: wealth and the ability to sleep indoors. A roof makes both possible. When the roof goes, the home’s value evaporates and it becomes a campsite with walls.
“It is thus alarming that America’s roofs face a triple threat from a hotter, more dangerous climate, soaring insurance premiums and a political regime doing everything it can to make both problems worse. Trillions of dollars in housing wealth is on the line.”