Extreme weather events have led to significant property damage in the U.S., with recent disasters totaling billions in losses. Areas termed "climate abandonment" are seeing populations decline, partly due to increasing home insurance costs and heightened disaster risks. Report forecasts a 6.2% decline in property values by 2055, with certain counties like Fresno facing losses of 10.4%. Adaptation strategies for homeowners in these climate-sensitive regions are vital, emphasizing the need for infrastructure improvements to withstand future disasters.
Homeowners need to understand that these extreme weather events are no longer once-in-a-lifetime occurrences, with billions in damages reported across the U.S.
Over 21,000 counties in the U.S. are experiencing population decline due to climate change, highlighting the severity of climate abandonment zones.
Fresno County is projected to see the biggest hit, with home value losses of up to 10.4% over 30 years and a 46% population decline.
We need to accept that we can't prevent wildfires, so we need to build and maintain our homes to resist ignition when fires do happen.
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