A new ratings industry is emerging to help homebuyers assess climate risks
- Written by Matthew E. Kahn, Provost Professor of Economics and Spatial Sciences, USC Dornsife College of Letters, Arts and Sciences
A cabin is illuminated by firetruck lights as the Caldor Fire burns near Lake Tahoe in California on Aug. 31, 2021.Wally Skalij/Los Angeles Times via Getty ImagesAs climate change fuels large-scale natural disasters, the real estate mantra of “location, location, location” is taking on new meaning. In 2021, homeowners have contended...
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