Tuesday, March 19, 2024

Climate Migration, , Bloomberg Says Housing Crisis in Warm Climates is getting Worse

The insurance crisis in climate stricken areas is getting worse and will ultimately affect all of us--the only question is how and the severity. People cannot get homeowners insurance in places like Florida, California, Texas... States may extend themselves by offering cheap homeowners insurance to residents, only to face a huge financial crisis should a major weather event (hurricane, fire...) occur--which is highly likely. Then turn to the Feds. I have been writing about how climate change and rising costs for insurance, help.. will force climate migration north. 

I had written an article  for the March/April issue  Life In the Finger Lakes on how people will begin to leave southern climes in favor of the north. Climate Migration--Is A Change in Store For the Finger Lakes?  It was a followup to a blog post I did for them five years earlier.

I have several posts on Climate Migration

Today on Amanpour and company, a Bloomberg reporter talked about the depth of the crisis and how it is spreading. Link below.

Things are getting very serious and we are in the early stages of what will become the new normal--AND IT IS ONLY GOING TO ACCELERATE!



No comments: