218: These “Subtle Risks” Could Have Astronomical Impacts on Real Estate Expenses w/John Sheffield
Owning real estate could get expensive—yes, even more expensive than it already is today. Insurance prices, property taxes, maintenance costs, and more are going through the roof, and there isn’t much stopping these costs from jumping even more. What’s accelerating the rise in these upkeep costs? Hotter summers, colder winters, and more natural disasters. Growing climate risk is making real estate deals harder and harder to pencil, and even some safer areas to invest are seeing sizable pricing upticks.
John Sheffield from ICE brings us the latest data on the financial impacts of climate risk…
The skinny
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