Could unpriced climate risks be steering us towards a $1.2 trillion housing market crisis? The rise in climate disasters like hurricanes and wildfires is putting unprecedented pressure on homeowners and insurers, with the latter struggling to keep up with the escalating risks. Traditional insurance models are being stretched to their limits, causing premiums to surge to unaffordable levels. Political interventions capping rate increases are adding fuel to the fire, potentially destabilizing the financial landscape. As insurers withdraw from high-risk areas, taxpayers might be left to bear the brunt, and the ripple effects on home values could be catastrophic.

Join us as we bring you expert insights into this pressing issue, featuring economist David Burt, renowned for his predictions in "The Big Short." Burt sheds light on the unpriced climate risks that could lead to trillions in losses and warns of a potential housing crash that goes beyond coastal areas. This episode aims to foster awareness and inspire proactive conversations about creating a resilient and sustainable future for the housing market. Don't miss out on this vital discussion that could reshape your understanding of the housing market's future. For additional resources and to stay updated, visit our website and subscribe for more insightful content.

📰 Read more about this topic in our latest article: https://sunrisecapitalgroup.com/the-1-trillion-housing-time-bomb-are-we-ignoring-the-next-crisis/

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