People are moving out of cities with poor air quality — but many end up facing other climate risks
Publishing timestamp: 2024-02-16 09:45:36
Summary
The article discusses how 1.2 million more homeowners and renters moved out of U.S. cities with high risk of poor air quality between 2021 and 2022. Residents are moving to areas that are affordable and have low air quality risks, but these places may be exposed to different hazards such as high heat, floods, and hurricanes. Affordability continues to drive moving trends, but climate hazards are also being taken into consideration. The article highlights the importance of considering climate risks when buying a home and mentions the potential impact on insurance costs.
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Keywords: redfin corp, pollution, united states, business news, natural disasters, real estate, weather, flooding, new york, climate, air quality, housing, wildfires, environment, personal finance, social issues, california wildfires,
Source: https://www.cnbc.com/2024/02/16/where-people-are-moving-to-escape-poor-air-quality.html