“Climate risk” hype overstates threats: Real culprits are real estate growth and density
Insurance costs rising? Blame real estate growth, not climate change, new analysis argues.
NOAA data shows no long-term trends in hurricane or tornado intensity over past decades.
Flood damages tie to coastal developments, not climate, as property values surge in vulnerable zones.
Financial firms like FirstStreet push “climate risk” narratives to sell data tools, critics say.
Media uncritically promotes alarmism, diverting focus from real causes of mortgage and insurance inflation.
https://www.climate.news/2025-05-24-real-culprits-are-real-estate-growth-and-density.html